Welcome, guys ☀️
Today I would like to explain the market movement calmly and simply because many people are asking why the coins haven't risen from their lows yet.
What happened is that Bitcoin has pulled most of the liquidity from the market, and in the last few days, when it dropped a bit, we noticed that liquidity started to move directly to Ethereum. This indicates that the current situation is different from the past because Bitcoin's dominance has begun to gradually decrease, and with every drop, we see liquidity moving towards Ethereum.
If the situation continues like this, God willing, liquidity will start to move towards alternative currencies, and then we can exploit opportunities to the fullest.
So what are the currencies that liquidity might move to after Ethereum?
It will likely be the Layer 1 and Layer 2 projects, especially those directly or indirectly related to the Ethereum ecosystem. We must be careful to avoid meme coins as they are generally without real value, and many of them are religiously prohibited, such as
🔂 Meme coins (avoid them) 🔂
Pepe – DOGE – BONK – BONE – TURBO
⏺ Currencies expected to receive liquidity
🌼 Layer 1 projects
✅ ADA – LTC – AVAX – APT – NEAR – DOT – TON – EOS – TRX – ONT – CELO – NEO – ICP – XRP – KSM – ATOM – SOL – ETC – BCH
These projects have a strong infrastructure, and hopefully, if Bitcoin's dominance decreases, we will see liquidity transition to them.
🔂 Final advice 🔂
🔂 Being patient with your coins at this stage is a wise decision.
🔂 Be ready for liquidity movement because the upcoming opportunities could be very strong.
