Analysis #ALTCOIN 02/03/2025
The fall of Altcoins yesterday was truly unbelievable, but look at this daily recovery, simply fantastic. Although many Altcoins have not recovered from their fall yet, they are already making good recoveries and should not take long to recover 100% from this weekend's fall.
Here Total2 is the same situation as BTC, if we close above this green band on the chart, then we will have a quick recovery across the market.
Add the RSI on the daily chart and see where we are, it is still very close to 30, unbelievable to see the RSI at this point in a month like this. February is going to be an incredibly POSITIVE month for Altcoins.
Bitcoin Dominance is fiercely hindering Alts here, but there is not much more for Dominance to go and there is also no more time for adventures above 64%.
Call me crazy if you want, but I will continue to HOLD all my Altcoins, and I remain extremely BULLISH on Altcoins.
I am particularly interested in Tomorrow.
Send to $1.7T
The fall of Altcoins yesterday was truly unbelievable, but look at this daily recovery, simply fantastic. Although many Altcoins have not recovered from their fall yet, they are already making good recoveries and should not take long to recover 100% from this weekend's fall.
Here Total2 is the same situation as BTC, if we close above this green band on the chart, then we will have a quick recovery across the market.
Add the RSI on the daily chart and see where we are, it is still very close to 30, unbelievable to see the RSI at this point in a month like this. February is going to be an incredibly POSITIVE month for Altcoins.
Bitcoin Dominance is fiercely hindering Alts here, but there is not much more for Dominance to go and there is also no more time for adventures above 64%.
Call me crazy if you want, but I will continue to HOLD all my Altcoins, and I remain extremely BULLISH on Altcoins.
I am particularly interested in Tomorrow.
Send to $1.7T