Markets looking shaky heading into November 2nd. $BTC consolidating but alts bleeding harder than expected.
Key levels to watch:
- $BTC holding above critical support or we see another leg down
- Altcoin dominance getting crushed
- Volume drying up = low conviction moves
This feels like pre-volatility compression. Either we bounce hard or capitulation accelerates. Position accordingly.
Not financial advice but if you're overexposed in low-cap alts, might want to derisk into $BTC or stables until we get clarity.
Key levels to watch:
- $BTC holding above critical support or we see another leg down
- Altcoin dominance getting crushed
- Volume drying up = low conviction moves
This feels like pre-volatility compression. Either we bounce hard or capitulation accelerates. Position accordingly.
Not financial advice but if you're overexposed in low-cap alts, might want to derisk into $BTC or stables until we get clarity.