Bitcoin decrease DoM decrease may also be a sign of the market about to crash just kidding but total3 is reaching the old peak so it needs time. whether it exceeds or goes down we have to wait and see.
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Trading Insight_DN
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🔥 Why is BTC dropping, DOM is also dropping sharply but Altcoin is not pumping?
This question is interesting, everyone... thinking like this shows a stable mindset, let's dig a little deeper with Đạt :))
Usually, each time Bitcoin rises or the "Altcoin Seasons Effect" appears, there will be a story accompanying it to match the specific price increase period.
Wow... sounds professional, right? :))) To make a price pump happen, one must sell a suitable narrative to give investors something to avoid complaints. If there are complaints, they will complain about the situation, not direct it at anyone in particular.
The reason why Bitcoin is dropping, DOM has been maintaining a decline for over 45 days now, but is still sluggish, I would like to share my personal views on a few points as follows:
- The motivating story is not there
- The cash flow has dried up, there is nothing new
- Many Altcoins are in a Bullrun but are not stable —> Worry and Fear are increasing, not FOMO anymore because everyone is being cautious.
- The trend is to invest more in Bitcoin, and with any shake, people switch to holding Stablecoins, selling at a loss rather than holding onto their positions.
- Trust... is gradually fading over time as most long-term Altcoin projects can no longer sustain themselves.
- High pressure from funds and whales continuously selling altcoins.
- Lack of motivating factors from various perspectives.
It's true that Altcoins never have a bottom. But the opportunities Altcoins bring are numerous. Our task is to adapt to survive. Profit is due to luck, hitting the peak is due to ability. Right? :))
Everyone has different appetites, I don’t intend to give advice but hope everyone should have a stop-loss point. The past is the past, but the present and future can change.
What does everyone think about this topic?
This question is interesting, everyone... thinking like this shows a stable mindset, let's dig a little deeper with Đạt :))
Usually, each time Bitcoin rises or the "Altcoin Seasons Effect" appears, there will be a story accompanying it to match the specific price increase period.
Wow... sounds professional, right? :))) To make a price pump happen, one must sell a suitable narrative to give investors something to avoid complaints. If there are complaints, they will complain about the situation, not direct it at anyone in particular.
The reason why Bitcoin is dropping, DOM has been maintaining a decline for over 45 days now, but is still sluggish, I would like to share my personal views on a few points as follows:
- The motivating story is not there
- The cash flow has dried up, there is nothing new
- Many Altcoins are in a Bullrun but are not stable —> Worry and Fear are increasing, not FOMO anymore because everyone is being cautious.
- The trend is to invest more in Bitcoin, and with any shake, people switch to holding Stablecoins, selling at a loss rather than holding onto their positions.
- Trust... is gradually fading over time as most long-term Altcoin projects can no longer sustain themselves.
- High pressure from funds and whales continuously selling altcoins.
- Lack of motivating factors from various perspectives.
It's true that Altcoins never have a bottom. But the opportunities Altcoins bring are numerous. Our task is to adapt to survive. Profit is due to luck, hitting the peak is due to ability. Right? :))
Everyone has different appetites, I don’t intend to give advice but hope everyone should have a stop-loss point. The past is the past, but the present and future can change.
What does everyone think about this topic?
