SparTank

And how are you doing now?

Closer stop loss and everything is fine

✔️TOTAL — total market capitalization of all cryptocurrencies.

⚪️MACD Indicator — here, a bullish crossover is also forming on the 1W.

⚪️I studied how this crossover performed in the previous cycle; it formed only 5 times during the period from 2019 to 2021.

⚪️In 4 out of 5 cases, the indicator clearly identified a strong growth. In one case, growth also began, lasted about five weeks, but then there was a COVID dump, a correction of -65%.

📌This was the final crash before a powerful rally that many today nostalgically remember. I remember how intense the panic was in the market back then, as investors were massively locking in losses.

✔️Conclusion:
In the worst case, we are waiting for a final dump this summer before a strong rise. In the best case — the rally is already starting. In any case, we are in a winning position, as those who come after the market is pumped will find themselves at a loss.

You better close it, BTC is unlikely to return to the mark of 87 this year for sure!

You bought it too late, you need to wait until 550

The altcoin market (total market capitalization, i.e., the capitalization of cryptocurrencies excluding BTC) has broken the resistance at the level of 840 billion dollars. This zone is now:

✅ Support should be adapted
❌ If the price falls again - it will continue as a "lower peak" and a downward trend may begin.

At the moment, the trend remains upward on a small time frame, but this is necessary in the near term.

Strategy:

- We will monitor the movement step by step, level by level.
- If the price falls below 840 billion dollars, open long positions.

The altcoin market is showing strong growth, but maintaining such growth rates is difficult, as it is stuck at the level of 840 billion dollars. It continues to move cautiously.

Check out my returns and portfolio structure. Follow investment advice.

The dominance of BTC is at a crucial stage — it will be decided here whether there will be an altcoin season or not

In recent days, Ethereum and altcoins have shown strong growth relative to Bitcoin. However, BTC dominance (BTC.D) has sharply fallen and is stuck in the middle of the range.

Now, two scenarios are possible:

🔺 If BTC dominance increases again, it will mean that the growth of ETH/BTC and altcoins was just a short squeeze, and Bitcoin will return to market dominance.

🔻 But if altcoins show sustained strength against BTC and dominance starts to decline (almost down to the 60% mark), this will be a serious signal for the start of the altcoin season (a phase of strong altcoin growth).

At the moment, the market is in a wait-and-see mode, anticipating the next move from BTC. Opening a large position in ALT/BTC in the short term is quite risky. The best approach is to observe and wait for a confirming signal.

💵USDT.D is approaching our local targets.

A decrease in 📱USDT dominance = an increase in altcoins, this works 90% of the time.

⚡️— wishing you a great mood and enjoyable time.

Don't be greedy! Always take profit! #arb

The main thing is to lock in profits! If you don't, the market will take profits from you!

Bought low, sold high, and that's it #ПоделитесьСвоимиСделками $ROSE