Term of the day: Dominance.
Dominance is one asset's share of total crypto market value.
Bitcoin dominance rising while the total is flat means money is rotating out of alts into BTC. Falling dominance in a rising market is the usual shape of an alt rally.
Dominance is a rotation gauge. It says where money is going, not whether the market is going up.
Right now: BTC at 75,786 (-2.62%), 9 of 60 liquid pairs green, SAGA leading at +25.1%.
#Write2Earn #TradingPsychology #CryptoBeginners #TradingTips
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
Dominance is one asset's share of total crypto market value.
Bitcoin dominance rising while the total is flat means money is rotating out of alts into BTC. Falling dominance in a rising market is the usual shape of an alt rally.
Dominance is a rotation gauge. It says where money is going, not whether the market is going up.
Right now: BTC at 75,786 (-2.62%), 9 of 60 liquid pairs green, SAGA leading at +25.1%.
#Write2Earn #TradingPsychology #CryptoBeginners #TradingTips
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
