📈 A Few Words about the Crypto Market Structure
➡️ The legendary trader from the first half of the 20th century, Jesse Livermore, used to say that a smart market player knows when to trade and when not to trade. Sometimes inaction is the best strategy.
➡️ It seems like today’s crypto market is one of those cases. I have open positions and am waiting for a momentum to form (possibly after the release of U.S. statistics) before reassessing the situation.
📊 In the meantime, I recommend paying attention to the structure of the crypto market. We are still in the "Bitcoin season."
❗️As soon as $BTC dominance drops below 50%, altseason will begin. In the first months, I expect capital to flow into Ethereum and other large altcoins, and then into smaller ones.
❗️When BTC’s share drops to 35-40%, it will be time to take profits. But that won’t happen for a while yet. 😊
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