Today’s market: $BTC are down 0.3%, $ETH are down 1.7%, and $SOL are down 2%.
The big BTC is moving sideways, while altcoins are drifting lower. My understanding is that panicked money is swapping ships: selling altcoins for BTC, or swapping into USDT to wait. Not necessarily correct—just that this is the kind of signal I’m reading.
So I don’t dare to use BTC to buy “an altcoin that has dropped into value-for-money.” I’m afraid that once it’s cheap, it could get even cheaper.
Hold strong and wait for BTC to choose a direction.
$BTC $SOL
The big BTC is moving sideways, while altcoins are drifting lower. My understanding is that panicked money is swapping ships: selling altcoins for BTC, or swapping into USDT to wait. Not necessarily correct—just that this is the kind of signal I’m reading.
So I don’t dare to use BTC to buy “an altcoin that has dropped into value-for-money.” I’m afraid that once it’s cheap, it could get even cheaper.
Hold strong and wait for BTC to choose a direction.
$BTC $SOL