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$Altcoins start pumping
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$BTC 🔵 Bitcoin Going Up, Alts Going Down? Don’t Worry! Here’s Why 🚀 As Bitcoin surges, it’s not uncommon to see altcoins taking a temporary backseat. BTC dominance often increases during major Bitcoin rallies, which can lead to short-term dips in altcoin performance. But don’t panic—this is all part of the market cycle. Here’s what usually happens: 1️⃣ Bitcoin leads the charge: Investors focus on BTC during its rally, causing altcoin liquidity to decline. 2️⃣ Market correction follows: After Bitcoin hits a key resistance or slows down, funds typically rotate into altcoins. 3️⃣ Altcoins take off: Lower BTC dominance gives room for alts to skyrocket, especially if market sentiment stays bullish. If Bitcoin stabilizes or corrects in the coming days, altcoins are likely to experience a strong recovery. Timing is key—this phase could be the precursor to an altcoin season! Keep an eye on BTC dominance and key support levels to spot the rotation. Patience is crucial in this phase. Alts may be down for now, but history shows they could soon shine brighter than ever! 🌟
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Hold or close ???
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#BTC pumping But why #Altcoins are not pumping ???
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What about #DYDXLong positions ???
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