The Cheese King is here 🧀 Today’s Cheese Index: 5/10. The market is neither hot nor cold, while the whales are quietly crunching the numbers 📊.

While retail traders are still watching $81k and $BTC move sideways, USDC issuer Circle is facing a major threat: several emerging stablecoins are offering generous interest-sharing deals to poach partners among major institutions and exchanges 💰.

“Retail traders only look at trading fees. Whales look at how billions of dollars in profits are divided behind the scenes.”

This signals the end of the stablecoin monopoly era, and market liquidity will become even more fragmented.

📚 Cheese Classroom: BTC dominance at 60.1% means over 60% of the market’s capital is locked in Bitcoin as a hedge. Tight liquidity makes it harder for smaller coins to make big moves.

Looking back at last issue’s Cheese Prediction: ETH is still recovering its losses, while the Altcoin Season Index is only 13/50. The prediction is still being tracked ⏳.

🔮 Cheese Prediction: If BTC dominance breaks above 62% within 7 days, the Altcoin Season Index is expected to fall below 10/50. Check-in date: 10/25.

💡 What retail traders can do today: Hold on to your cash for now, and watch how the market shares of major coins change before deciding whether to add to your smaller-coin positions.

(The above is solely my personal observation and not investment advice.)

While the whales are scrambling for stablecoin interest yields, is the cash you’re holding working for you? The Cheese King posts updates every day—let’s study the whales’ next move together 🧀

#web3 #altcoin #ethereum #blockchain