#altcoins‬ #analysis▶️ #TradingIdeas #TradingStrategies

While Bitcoin once again froze near its support zone (Bullish Order Block $60,800-$59,200), I want to share with you some important thoughts about the alt 💭

Namely - compare the map of liquidations on #BTC💸 and the most highly capitalized altcoins - #SOL💸 and #ETH💸

I draw your attention to the significantly larger and closely spaced shortlist liquidation pools on Efira and Solana. What does this tell us?

➡️It is extremely profitable for a large player to push #ETH#SOLand the rest of the alt after them, as the volume of counter orders will be much higher here.

This makes it easier to move up through a short squeeze, and also allows whales to easily close their positions later.

In this context, a set of violas in a briefcase looks much more attractive, so I definitely recommend focusing on it.

Which projects do we pay attention to first of all?

💁‍♂️ First of all, DeFI projects based on Solana/Ether and separate L1 blockchains.

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