April 28: Alts Dominance: Alts dominance close to bottom near 2 year low at 9.30% this is also support.
It not means Alts not going up, It simple means that Alts not able to outperform BTC. Yes few Alts pump and dump randomly.
If BTC go up than alts will also go up in USDT pair but with slow rate. But if BTC drop Alts will drop more hard.
If you have position, No need to sell alts, Just do DCA with 20%-30% difference. Either Sell on 2x in two month or hold till 2025 for big profit.
Must invest too much in alts.
Apply Money Management and Portfolio Management.
We can see a small run in alts in next 2 month if BTC stable at higher level for 15-30 days..
In Extreme Bull season , This Alts dominance can jump 20% which is last all time high in Jan 2022. We expect same in Q1-2025.
MUST CHECK OUR OTHER POST TO UNDERSTAND BIG PICTURE.
