The midday movers show a market picking winners, not rallying together. 📊
In the midday CoinGecko check on 2 November, NEAR fell 2.87 percent, the weakest among the majors checked, and LINK fell 2.81 percent, while UNI rose 1.11 percent, DOT added 0.81 percent and Bitcoin gained 0.71 percent. Source: CoinGecko markets data, midday 2 November. 🚀 My reading is that strength is rotating into names with a clear bid, while the weakest names are being sold even on a calm Bitcoin day, which is exactly what a fear reading of 37 looks like in practice.
Are you buying the midday leaders, or waiting for the laggards to stop falling first? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #MarketMovers
In the midday CoinGecko check on 2 November, NEAR fell 2.87 percent, the weakest among the majors checked, and LINK fell 2.81 percent, while UNI rose 1.11 percent, DOT added 0.81 percent and Bitcoin gained 0.71 percent. Source: CoinGecko markets data, midday 2 November. 🚀 My reading is that strength is rotating into names with a clear bid, while the weakest names are being sold even on a calm Bitcoin day, which is exactly what a fear reading of 37 looks like in practice.
Are you buying the midday leaders, or waiting for the laggards to stop falling first? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #MarketMovers
