A quick market update
According to me, we should see some pumps in altcoins before the election, though many factors depend on that. Right now, I’ve been seeing many posts in my feed about people being in loss. Just to remind you, altcoins have very low liquidity, and they tend to drop harder when Bitcoin corrects. Always prefer spot trading if you can’t handle leverage, or learn proper risk management.
Before entering a trade, always plan your exit don’t enter blindly. If you see my analysis posts, and there’s no stop loss , use a 5-6% SL in the opposite direction of the trade. After all, it’s your hard-earned money.
Secondly, $BTC dominance is pumping like crazy, which is why your altcoins are struggling. Hold on for a while we’ll see new highs soon! Q4💥
Lastly, Navratri has started, so happy Navratri to everyone!
I pray that all my crypto friends’ bags hit ATH soon. Take care!