BTC inched up 0.61% in 24h, and the market was as dull as dishwater đ. But this is when the real standouts going against the trend show themselvesâtheyâre worth keeping an eye on, folks.
Donât just look at the absolute green and red percentages and rush into FOMO or panic. When BTC is sluggish but some coin is up double digits? Thatâs not luck. Itâs ârelative strengthââa sign that its own money flows are driving it. Conversely, if the market is moving sideways but a coin is still plunging, something is clearly going on. Even if thereâs no dramatic sell-off, selling pressure is still weighing heavily on it.
Today, $ONE led the pack with +61.83% (+61.22 percentage points versus BTC)âextremely strong buying pressure despite the broader market. ACT (+20.06%), QNT (+7.15%), INTWB, and SPCXB showed similar strength. On the other hand, GTC (-17.38%), CYBER, and SNXXB were notably weak and got seriously âleft behind.â Anyone stuck holding these at a loss must be sweating bullets đ€.
My personal take: In this sluggish market, spotting coins with relative strength like ONE is extremely important. They show that thereâs support and a story of their ownâtheyâre not just riding the BTC wave.
Donât just look at the absolute green and red percentages and rush into FOMO or panic. When BTC is sluggish but some coin is up double digits? Thatâs not luck. Itâs ârelative strengthââa sign that its own money flows are driving it. Conversely, if the market is moving sideways but a coin is still plunging, something is clearly going on. Even if thereâs no dramatic sell-off, selling pressure is still weighing heavily on it.
Today, $ONE led the pack with +61.83% (+61.22 percentage points versus BTC)âextremely strong buying pressure despite the broader market. ACT (+20.06%), QNT (+7.15%), INTWB, and SPCXB showed similar strength. On the other hand, GTC (-17.38%), CYBER, and SNXXB were notably weak and got seriously âleft behind.â Anyone stuck holding these at a loss must be sweating bullets đ€.
My personal take: In this sluggish market, spotting coins with relative strength like ONE is extremely important. They show that thereâs support and a story of their ownâtheyâre not just riding the BTC wave.
