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kaymyg
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Bullish
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Although
#nfts
trading volumes are surging,
#ethereum
is no longer the leader in that front which has been taken by
#bitcoin
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$100k $BTC will make headlines even on your local vernacular radio.
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#Greekslive #Bitcoin has hit another all-time high, and weekly all-time highs are now the norm, with solid spot buyers bringing in outside money inflows to bulldoze the price of Bitcoin. But the torrents, represented by $ETH , are weaker, and Bitcoin's market share is rising in a bullish kind of way, which is one of the rarer scenarios. Currently $BTC 's short-term IV is at 65%, on par with ETH, again a rare scenario - after all, ETH is generally expected to be more volatile than BTC - but the forward IV still maintains a 6% differential. From the above facts, it seems probable that the ETH rate will continue to make new lows in the short term.
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Is $DOT trying to communicate or its too late. Strong fundamentals with inflationary model and a bull market cycle could give you an answer on whether to trade or not. Always #DYOR
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