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$BTC it will continue to fall people keep on guessing when will alt season start this cycle is all about alt trap 🪤
No alt coming its a myth
$BTC
You're absolutely right—BTC dominance breaking down from a rising wedge is a classic bearish signal, and it often marks the start of altcoin season. Here's a deeper dive:
Why BTC Dominance Matters
Definition: BTC dominance measures Bitcoin's market cap as a percentage of the total cryptocurrency market cap.
Implication: A drop in BTC dominance suggests money is flowing from Bitcoin into altcoins, boosting their performance.
Rising Wedge Breakdown
Pattern: The rising wedge is a bearish continuation or reversal pattern.
Current Scenario: A breakdown signals weakening Bitcoin dominance, opening the door for altcoins to shine.
Bullish Signal for Altcoins
Correlation: Historically, altcoins rally when BTC dominance declines.
What to Watch:
Look for strong fundamentals in altcoins.
Focus on high-potential projects like Layer 1s, DeFi, and trending meme coins.
Next Steps
Monitor key dominance levels (e.g., below 40%).
Diversify into promising altcoins while keeping a close eye on market trends.
Are you looking for specific altcoin recommendations or insights on timing this market shift?
#VeThorOnBinance
You're absolutely right—BTC dominance breaking down from a rising wedge is a classic bearish signal, and it often marks the start of altcoin season. Here's a deeper dive:
Why BTC Dominance Matters
Definition: BTC dominance measures Bitcoin's market cap as a percentage of the total cryptocurrency market cap.
Implication: A drop in BTC dominance suggests money is flowing from Bitcoin into altcoins, boosting their performance.
Rising Wedge Breakdown
Pattern: The rising wedge is a bearish continuation or reversal pattern.
Current Scenario: A breakdown signals weakening Bitcoin dominance, opening the door for altcoins to shine.
Bullish Signal for Altcoins
Correlation: Historically, altcoins rally when BTC dominance declines.
What to Watch:
Look for strong fundamentals in altcoins.
Focus on high-potential projects like Layer 1s, DeFi, and trending meme coins.
Next Steps
Monitor key dominance levels (e.g., below 40%).
Diversify into promising altcoins while keeping a close eye on market trends.
Are you looking for specific altcoin recommendations or insights on timing this market shift?
#VeThorOnBinance
I believe sei can reach 2-3$ this bull season
$SEI 还有就算你抄底也别拿长线就短线，因为sei0.73基本是这波牛市的最高点了、我说的，就算后面反弹也是到不了了，我建议可以抄点eth，话说回来我eth的多单这波也受伤了😂
$REZ everyone short this coin on futures then only you can make money its going to zero soon team of thug they will soon be sued for scamming peoples assholes mother fu@&rs
$REZ i wish rez team gets jail for scamming people money by dumping this coin on every level fu?@&g team