If you're still treating altcoin volume surges as the start of a new cycle, stop now.
Too many crypto traders lose money FOMO buying when alts start outperforming. They get caught not knowing when to exit as the speculation unwinds.
Altcoin trading volume has climbed to around 4x Bitcoin’s, with liquidity shifting beyond $BTC into $ETH and $SOL . This might be fresh capital starting a rotation. It might also be traders piling in with leverage ready to dump.
Alts have outperformed Bitcoin lately, which could back the bullish case. But the volume spike combined with typical speculation makes me argue it's more profit-taking setup than new money.
I've seen similar volume ratios mark tops more often than bottoms.
Where do you think this goes from here?
#Crypto #Altcoins #Bitcoin
Too many crypto traders lose money FOMO buying when alts start outperforming. They get caught not knowing when to exit as the speculation unwinds.
Altcoin trading volume has climbed to around 4x Bitcoin’s, with liquidity shifting beyond $BTC into $ETH and $SOL . This might be fresh capital starting a rotation. It might also be traders piling in with leverage ready to dump.
Alts have outperformed Bitcoin lately, which could back the bullish case. But the volume spike combined with typical speculation makes me argue it's more profit-taking setup than new money.
I've seen similar volume ratios mark tops more often than bottoms.
Where do you think this goes from here?
#Crypto #Altcoins #Bitcoin
