This changed my trading...
๐ DAILY INSIGHT
๐ต MARKET OVERVIEW
BTC at $83.4K (+0.2%). Fear and Greed (market sentiment score 0-100) sitting at 69. BTC dominance (Bitcoin's share of total crypto) at 59.1% and rising. Capital hiding in BTC, not spreading to alts.
๐ฅ WHAT'S MOVING
$GTC leading with +64.0%. Price at $0.2984.
$RSR +59.2%.
$W +46.5%.
On the red side, NFP down -65.8%.
๐ก KEY THEME
Risk-off mode. BTC dominance climbing means alts getting wrecked relative to BTC. Wait for dominance to peak before rotating to alts.
โ ๏ธ RISKS
โข BTC support around $79.2K. Break below could trigger more selling.
โข NATGAS funding rates (what traders pay to hold d positions) elevated. Longs paying.
nfa. dyor.
#crypto #analysis
What's your strategy here?
#GTC #News #CryptoNews
๐ฑ Follow @PoorCryptoMan
๐ DAILY INSIGHT
๐ต MARKET OVERVIEW
BTC at $83.4K (+0.2%). Fear and Greed (market sentiment score 0-100) sitting at 69. BTC dominance (Bitcoin's share of total crypto) at 59.1% and rising. Capital hiding in BTC, not spreading to alts.
๐ฅ WHAT'S MOVING
$GTC leading with +64.0%. Price at $0.2984.
$RSR +59.2%.
$W +46.5%.
On the red side, NFP down -65.8%.
๐ก KEY THEME
Risk-off mode. BTC dominance climbing means alts getting wrecked relative to BTC. Wait for dominance to peak before rotating to alts.
โ ๏ธ RISKS
โข BTC support around $79.2K. Break below could trigger more selling.
โข NATGAS funding rates (what traders pay to hold d positions) elevated. Longs paying.
nfa. dyor.
#crypto #analysis
What's your strategy here?
#GTC #News #CryptoNews
๐ฑ Follow @PoorCryptoMan