I’m the Cheese King 🧀 Today’s Cheese Index: 6/10. The market is lukewarm, but positioning is becoming increasingly divided 🧀.
According to media reports, Ethereum is underperforming Bitcoin by 10%, mainly because DeFi’s total value locked has taken a $43 billion hit 📉. Retail investors see altcoins crashing and rush to cut their losses, but the big players haven’t left—the BTC market share is as high as 59.31%, with funds flowing back into Bitcoin as a safe haven 🐳.
“ETH isn’t failing to rise; funds are waiting for a better liquidation point.”
📚 Cheese 101: DeFi outflows mean less money is locked in decentralized finance, signaling that market liquidity is concentrating in core assets.
Cheese King’s prediction recap: Last time, I predicted that if BTC held above $83k, the volume-to-open-interest ratio would drop below 1.8. Still watching.
🔮 Cheese King’s prediction: If ETH can recover its losses within 7 days, the Altcoin Season Index is expected to break above 25/50. Check-in date: 10/24.
💡 What retail investors can do today: Keep an eye on whether BTC dominance breaks above 60%.
(The above is solely my personal observation and is not investment advice.)
Are institutions quietly rotating their holdings as prices rise? Do you think ETH can reclaim its DeFi dominance?
The Cheese King posts daily—let’s figure out the big players’ next move together 🧀
#bitcoin #trading #defi #BTC
According to media reports, Ethereum is underperforming Bitcoin by 10%, mainly because DeFi’s total value locked has taken a $43 billion hit 📉. Retail investors see altcoins crashing and rush to cut their losses, but the big players haven’t left—the BTC market share is as high as 59.31%, with funds flowing back into Bitcoin as a safe haven 🐳.
“ETH isn’t failing to rise; funds are waiting for a better liquidation point.”
📚 Cheese 101: DeFi outflows mean less money is locked in decentralized finance, signaling that market liquidity is concentrating in core assets.
Cheese King’s prediction recap: Last time, I predicted that if BTC held above $83k, the volume-to-open-interest ratio would drop below 1.8. Still watching.
🔮 Cheese King’s prediction: If ETH can recover its losses within 7 days, the Altcoin Season Index is expected to break above 25/50. Check-in date: 10/24.
💡 What retail investors can do today: Keep an eye on whether BTC dominance breaks above 60%.
(The above is solely my personal observation and is not investment advice.)
Are institutions quietly rotating their holdings as prices rise? Do you think ETH can reclaim its DeFi dominance?
The Cheese King posts daily—let’s figure out the big players’ next move together 🧀
#bitcoin #trading #defi #BTC