Bitcoin Reaches Cycle High of 58.9%, More Pain Before Altcoin Season?
As BTC approaches $70,000, its crypto market domination has reached 58.9%, a cycle high.
As Bitcoin dominates, are altcoins in trouble?
Bitcoin dominance (BTC.D) reached a cycle high of 58.9%. The crypto market last saw this BTC.D level in April 2021.
Bitcoin has gained about 10% in the previous week, trading at $67,769 after a modest reversal after Iran's assault on Israel earlier this month.
According to CoinGecko, the crypto market cap rose from $2.26 trillion on October 8 to $2.41 trillion on October 16. However, BTC price growth drives the crypto market cap increase.
BTC.D started October at 57.1%. Bitcoin has climbed 1.8% since then, outperforming altcoins like Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and others.
The present position of BTC.D casts doubt on the much-anticipated "altseason," which generally sees altcoins rise rapidly and BTC.D fall. BTC.D peaked at 70% in 2020-21's post-COVID bull market before falling to 40% by mid-2021.
BTC.D bottomed out at 39% in late 2022 when FTX suspended operations owing to leadership fraud accusations. BTC.D has gradually risen since then, as indicated in the chart below.
The ETH/BTC trading pair is essential as BTC.D rises. The ETH/BTC trading pair, often known as the ratio, compares Ethereum (ETH) to BTC.
The ETH/BTC trading pair is at 0.0385, last seen in April 2021. Ethereum has failed to make a higher high versus Bitcoin since November 2022, indicating lackluster price activity over the previous two years.
#BTCUptober #BTCSoarsTo68K #MemeCoinTrending $BTC

$ARB
Add this to your spot holdings
Expecting the same move on it as of SUI
Can do 5x from here in the next one to three months $ARB
#TrumpDeFi #MemeCoinTrending #TeslaTransferBTC

🚨 $WIF F /USDT TRADE ALERT 🚨
WIF is currently moving in a descending channel, consolidating around $2.58. The price is showing early signs of a possible breakout or rejection at the upper trendline.
💡 Trade Entries:
• Long Entry: Breakout above $2.62, targeting $2.71.
• Short Entry: Rejection at $2.60, aiming for a dip to $2.50.
📉 Watch out for increased volatility as the price approaches the upper boundary of the channel!
Risk management is key with stop losses tight near breakout/rejection points!

💥🚨 $LTC /USDT TRADE ALERT – BIG MOVE INCOMING! 🚨
The price is consolidating within a descending channel while finding support around $70.24 USDT.
💡 CRITICAL Levels to Watch: 💡
• Resistance: $71.60 USDT (Breakout confirms upward momentum toward $74).
• Support: $69.50 USDT (If broken, it could slide toward $68.71 or lower).
📉 Short Entry: Below $69.50 USDT, target $68.00.
🚀 Long Entry: Above $71.60 USDT, target $74.00.
Stay sharp, big moves brewing from this consolidation!

#TrumpDeFi #MemeCoinTrending #TeslaTransferBTC #MemeCoinTrending

$XLM is gaining traction after confirming solid support at $0.07! The next upward target is set at $0.137. If momentum weakens, $0.055 will act as a crucial support level, with ongoing attention on Bitcoin’s performance in the broader market.
In earlier instances, we've recorded a 130% gain.
#TrumpDeFi #MemeCoinTrending #TeslaTransferBTC #USStockEarningsSeason

Previous update of $BNB NB working perfectly we might see a 620$ resistance breakout soon, #BNB could 650-660$BNB

🚀 $TURBO /USDT: Ready for a Breakout? 🚀
TURBO is showing signs of recovery, currently priced at $0.011347 after bouncing off a key support at $0.010782. With strong 24-hour volume at 14.92B, it's clear the market is buzzing with interest. 📈
Support at $0.01078 has held firm, making this a solid entry point for risk-tolerant traders. Meanwhile, resistance is looming at $0.0124 – if we see a breakout above this level, it could trigger a bullish surge. 📊
An ideal entry strategy could be to buy near support levels and aim for a breakout, but with stop losses in place in case of a dip below $0.01078. The market is poised for action, and with the right risk management, this could be an exciting play! 💡 Keep an eye on volume and the resistance zone for confirmation of the next move.
#BNSOL #GrayscaleConsiders35Cryptos #MemeCoinTrending #BTCUptober #Write2Earn!

$APE $ETH $BTC
APEUSDT.P Free Long Trade Setup 🔥
Enter With Stoploss🛑 Must
Use 2% Wallet Size 🔥
20x Leverage (cross )
#TrumpDeFi #TrumpDeFi #MemeCoinTrending #TeslaTransferBTC #USStockEarningsSeason

$UNFI FI showing strong buying signal, the short term target is 2.9$-3$ it is the short term target, it can also hit 3.4$ soon.
#TrumpDeFi #MemeCoinTrending #TeslaTransferBTC #USStockEarningsSeason

$XAI is leading the charge, confirming strong support at $0.15 and steadily advancing toward an ambitious target of $0.34, bolstered by significant trading volume! This upward trajectory is expected to benefit from Bitcoin's ongoing performance and prevailing market conditions.
Our monitoring showed 180% gains in the last rally.
#TrumpDeFi #MemeCoinTrending #TeslaTransferBTC #USStockEarningsSeason

$BTC - Shorted !
Entry : Market Price
Targets :
Target 1 - 67,900
Target 2 - 67,500
Target 3 - 66,850
Target 4 - 65,000
Stoploss : 69,450$ !
#TrumpDeF i #MemeCoinTrending #TeslaTransferBTC #USStockEarningsSeason #BTCSoarsTo68K

$ARK

USDT Technical Analysis Update 🔍ARK/USDT has shown a strong price surge, currently at $0.5867 (+19.37%), capturing trader interest as it approaches three key price targets! Let’s dive into these targets:🎯 Target 1: $0.6033This recent high in the 24-hour trading window marks a potential resistance level. Breaking above could signal sustained bullish momentum.🎯 Target 2: $0.6096A breakthrough here might push ARK into a higher trading range, as it’s been a notable resistance level in recent sessions. A close above could mean further gains.🎯 Target 3: $0.6477If momentum continues, this upper level represents a longer-term goal, suggesting a strong uptrend.Moving Averages RecapMA(7): $0.5402 – Short-term traders are watching this level for possible buy signals.MA(25): $0.5094 – Medium-term stability point, indicating trend strength.MA(99): $0.4596 – Long-term trend marker.Stay tuned as ARK/USDT moves through these targets!

🚨💥 $KEY /USDT SHOWING POTENTIAL MOVES – READY FOR ACTION! 💥🚨
Current Price: 0.00409 USDT
💡 Key Levels to Watch:
🚧 Major Resistance: 0.00480 USDT – Breaking above signals a surge toward 0.00600 USDT!
📉 Support Zone: 0.00385 USDT – A breakdown below this may push it toward 0.00350 USDT.
Pattern Insight:
An ascending recovery with strong volume is forming after previous consolidation. This indicates a potential breakout, but sharp pullbacks are still possible.
🔮 Play the Moves:
Long: Entry above 0.00450 targeting 0.00550.
Short: Below 0.00385, ride it to 0.00350.
📈 Get ready for volatility!
#TrumpDeFi #MemeCoinTrending #USStockEarningsSeason #BTCSurges67K

$BTC hourly wait for breakout on any side to plan your trade!!
#TrumpDeFi #MemeCoinTrending #USStockEarningsSeason #BTCSurges67K

$ZBCN is radiating bullish signals today, confirming support at $0.00085. It’s on an upward journey toward the target of $0.0017, with $ETH playing a pivotal role in shaping this trend as market dynamics continue to evolve and attract investor attention.
We've tracked 460% gains in the previous rally.
#TrumpDeFi #MemeCoinTrending #USStockEarningsSeason #BTCSurges67K

$POL - update: ⭐️
I'm confident to say that the 0.3600$ zone is a long term bottom.
I'm holding my long position with a stop loss below.
Whatever happens in the short term, patience will pay off 🚀💰💰💰
In view of the team's recent announcements, I think whales could be back in force in this buying zone!
Diamond hands 💎🚀
#POL #polygon #MATIC ✅ #Dyor2024

#NFP #nfp
$NFP tp 0.264-0.361-0.433-0.535
#TeslaTransferBTC

$NEIRO $NEIRO $NEIRO
🚨 NEIRO/USDT Analysis: Price Near Key Support – Reversal Ahead? 🚨
The NEIRO/USDT pair is currently trading at 0.00186566 USDT, down 13.5% in the last 24 hours, signaling strong selling pressure. The price has tested the support level at 0.00182220 USDT, while struggling to break above the resistance of 0.00186893 USDT (MA7). This resistance, aligned with the short-term moving average, is a key hurdle to watch. A decisive break above could trigger a reversal, pushing prices higher toward the MA99 near 0.00194731 USDT. However, failure to hold this support could lead to further downside.
Entry Strategy: For bullish traders, wait for a confirmed breakout above 0.00186893 USDT before entering long positions. Bearish traders may look for sell opportunities near resistance, aiming for profits as the price retests the support zone.
Always trade with caution and watch for volume spikes to confirm moves! 📉📈
#neiro #DOGSONBINANCE #CATIonBinance #NeiroOnBinance #Write2Earn

$ZBCN is radiating bullish signals today, confirming support at $0.00085. It’s on an upward journey toward the target of $0.0017, with $ETH playing a pivotal role in shaping this trend as market dynamics continue to evolve and attract investor attention.
We've tracked 460% gains in the previous rally.

🔔 SOL/USDT Trade Signal and analysis 🔔

📊 1H Timeframe: The chart shows SOL/USDT moving out of a Down Channel, testing a Support Area around $135-$137 before beginning a potential bullish reversal.

🚀 Potential Targets:
1️⃣ $149.79 (First key level)
2️⃣ $155.60 (Mid target)
3️⃣ $161.96 (Final target)

🔧 Indicators:

• RSI is trending upwards, signaling momentum towards the bulls. It recently crossed 56, showing bullish strength above 50.
• EMA: SOL is trading near the red Exponential Moving Average, suggesting a breakout possibility if the trend continues.

🟢 Bullish Scenario:

• A break and hold above $149.79 could confirm further movement toward $155.60 and $161.96.
• Volume surge will provide extra confirmation for the uptrend continuation.

❗️ Actionable Advice: Watch for a clean breakout of resistance. If SOL clears $149.79, it may signal a strong bullish rally ahead.

Disclaimer:DYOR and NFA.
#WeAreAllSatoshi #HBODocumentarySatoshiRevealed #SECAppealRipple

$SOL