🚨 Is a correction in alternative coins getting closer? New warning despite Bitcoin still holding its uptrend
Be cautious of rising the Bitcoin dominance index, as it may signal weakness in alternative coins, even if the drop of $BTC is limited.
Bitcoin could move sideways as altcoins decline, or drop slightly versus larger losses in altcoins. The $81,000 level is considered an important threshold to watch.
Honestly, I know what happens when the market starts to rise: FOMO feelings and fear of missing out push many to enter randomly.
But smart money won’t ignore what’s happening right now in bonds, oil, and the dollar. And I can imagine they won’t waste the opportunity to push prices down, especially if new pressures appear in the market.
For me, this is a short-trades phase: hit and run, secure your profits, and protect your capital in preparation for stronger and better opportunities.
Don’t be fooled by the quick rally— the market may give you a chance today and take it away tomorrow.
#DollarIndexHitsHighestSinceMay2025
#USWeeklyJoblessClaimsFallTo197000
#EtherGains70.9%InQ3
Be cautious of rising the Bitcoin dominance index, as it may signal weakness in alternative coins, even if the drop of $BTC is limited.
Bitcoin could move sideways as altcoins decline, or drop slightly versus larger losses in altcoins. The $81,000 level is considered an important threshold to watch.
Honestly, I know what happens when the market starts to rise: FOMO feelings and fear of missing out push many to enter randomly.
But smart money won’t ignore what’s happening right now in bonds, oil, and the dollar. And I can imagine they won’t waste the opportunity to push prices down, especially if new pressures appear in the market.
For me, this is a short-trades phase: hit and run, secure your profits, and protect your capital in preparation for stronger and better opportunities.
Don’t be fooled by the quick rally— the market may give you a chance today and take it away tomorrow.
#DollarIndexHitsHighestSinceMay2025
#USWeeklyJoblessClaimsFallTo197000
#EtherGains70.9%InQ3
