BTC rising & Why Alts & other Coins dumping?
$BTC dominance increased to 59.06% due to which all money flowing to BTC. In This BTC bullish cycle the higher dominance was 61% in Dec 2024 & The heights all time was recorded in Oct 2020 was 70.98%.
There are 3 scenarios right now:
1: BTC dominance would increase to 61% & falls it back to start
#altsesaon this may be the last shake out.
2: BTC dominance may go for their previous recoded high 70.98% to break due to which the alt-season starting will be delayed .
3: Due to ETF & Strategic reserves the investors fells BTC , ETH, Sol, LTC, DOGE & XRP safe heavens projects & Focus to invest in these Coins. & the remaining who invested will stuck Harshly 😉.
But Don’t be panic the whales & Manipulators always try to get opportunity to put their Money in different projects to make Money by Spreading FUDS & FOMO.
Together the Crypto will rise or Doomed.
Try to Buy in Spots in Top 100 projects Don’t go for new projects it’s a rugged pull.
Diversify your portfolio in different projects in their heights Market cap coins, Ether chain, DeFi, Infrastructure, Gaming, AI, meme coins, Metaverse etc. pick top 1-4 with heights market cap coins from each.
#Write2Earn #BinanceAlphaAlert #altcycle #BTC $BNB $ETH