Altcoins go bearish mode very quickly, after a masive pump f | MihaiDaniel on Binance Square

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Altcoins go bearish mode very quickly, after a masive pump for bitcoin a small correction is expected, also a short squeeze can follow fast 

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Ethereum is currently at its May 2022 level, on February 18, 2022 it was still in this area, by comparison BNB at that time was trading between $350 and $420. I am optimistic about ETH, but I am also realistic, I do not think it will surpass Bitcoin, we can have a surprise in 2025 and see XRP in second place and ETH in 3rd, it is a fierce competition at the top

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The Altcoin season that all market is expecting will not come , the market structure is not the same as it was in 2021 and it is much different to 2017. Not all alts will pump , some will pump but 99% of them will not . Bitcoin dominance will not fall under 40%, not even under 45% I think.

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Meme coins sunt fun , unii s-au îmbogățit ( eu nu am cunoscut pe nimeni încă ) , meme coins se lansează în fiecare zi cu sutele. Pentru cei în căutare de comori printre meme coins, iată cum a arătat aventura $LIBRA 1.Președintele Argentinei lansează un token pe Twitter 2.Tokenul ajunge la $4,5 miliarde în 2 ore 3.Insiders retrag $87 milioane 4.Se prăbușește cu 90% 5.Președintele șterge tweetul și neagă tot 6.Încă un -60%

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Bitcoin on the 12-hour chart seems to be caught in a vice, with the 200 moving average $96,900 support and the 100 moving average $98,197 resistance. If it breaks resistance, it has a clear path to $105,000 where there are over $1.3 billion in short positions to liquidate. Bearish scenario, btc is rejected by resistance and we can return to the $95,000 area where it can clean up $1.4 billion in long positions. Being the weekend, it is possible to take liquidity from both directions

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Again, the weekend, the market presents itself similar to the weather in Romania, although bitcoin does not seem to have problems and some Altcoins are in the green, the market sentiment remains in the area of fear and uncertainty. Be careful with leveraged positions, as you noticed 2 weeks ago, events that are difficult to predict also happen during the weekend

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