Today we had the continuation of the necessary pullback in the market, but the Altcoins were the most affected as they rose more in just a few days.
The #BTC has already initiated the new daily candle recovering the $119K and maintains a good chart. Its dominance here made a very normal movement, a retest down to 62.28% and we are already starting to see a rejection.
It would have been better if we had pulled back from 61.39% without needing to rise so much, but today we had;
-Microsoft hack with over 400 companies halting operations.
-Trump talking about tariffs with Europe.
-Newspapers stating that Trump was informed since May that his name was in the Epstein scandal.
...anyway, today is one of those days when the market gets scared and looks for shelter amidst the CAOs, in any case, BTC's dominance should continue to drop to 60.37% and we will see a continuation of the rise in Altcoins.
The charts still look very good, with ETH/BTC maintaining support at 0.03052 and USDT.D working below 4.48%. There is NO reason for exaggerated panic here.
Notice that in the previous chart I said;
"It is evident that pullbacks should occur at some point, as the market heated up very quickly, but any pullback is a new opportunity for us to buy more."
If you are not taking advantage, then again you will be left behind soon.
Nothing has changed and our short-term goal here is to send TOTAL2 above $1.59T and we will start talking about Altseason.
TOMORROW we will have a very busy Economic agenda, stay tuned to it and stop worrying for no reason. If you are trading on Spot just wait, relax, the good profits will come!
The #BTC has already initiated the new daily candle recovering the $119K and maintains a good chart. Its dominance here made a very normal movement, a retest down to 62.28% and we are already starting to see a rejection.
It would have been better if we had pulled back from 61.39% without needing to rise so much, but today we had;
-Microsoft hack with over 400 companies halting operations.
-Trump talking about tariffs with Europe.
-Newspapers stating that Trump was informed since May that his name was in the Epstein scandal.
...anyway, today is one of those days when the market gets scared and looks for shelter amidst the CAOs, in any case, BTC's dominance should continue to drop to 60.37% and we will see a continuation of the rise in Altcoins.
The charts still look very good, with ETH/BTC maintaining support at 0.03052 and USDT.D working below 4.48%. There is NO reason for exaggerated panic here.
Notice that in the previous chart I said;
"It is evident that pullbacks should occur at some point, as the market heated up very quickly, but any pullback is a new opportunity for us to buy more."
If you are not taking advantage, then again you will be left behind soon.
Nothing has changed and our short-term goal here is to send TOTAL2 above $1.59T and we will start talking about Altseason.
TOMORROW we will have a very busy Economic agenda, stay tuned to it and stop worrying for no reason. If you are trading on Spot just wait, relax, the good profits will come!
