🪙 The Importance of Monitoring BTC Pairs in Cryptocurrency Trading
Many traders focus on the BTC/USDT pair as the strongest indicator of market movement, but what some may not realize is that pairs like BTC/ETH or BTC/SOL reveal a deeper dynamic in the market.
📉 When BTC/ETH rises, it means that investors prefer Bitcoin as a safe haven, and there is often a sense of anxiety or flight from alternative coins. Conversely, when this pair declines, market appetite for risk often begins to increase, and we witness the start of "altcoin season."
🧠 Therefore, analyzing BTC pairs against other currencies is not just a comparison between two prices, but a reading of the market's psychological state: Where is the liquidity going? Who is in control now? And who is next?
📊 Personally, I monitor pairs like BTC/BNB and BTC/ARB because shifts in these pairs help me make smart decisions about portfolio allocation.
💬 Do you rely solely on the dollar in your analysis? Or do you also monitor how BTC moves against other currencies?
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