$IOTX keeps shaking off daytraders while institutions accumulating, 1 second massive boughts are the confirmation for this! ✅️
Avg institutional buy = 200m iotex 💡
IOTEX is needed for devices/machines, which means there is nothing to do with seasonal investors or daytraders, they are just buying IOTEX to lock up cheap prices for their devices! 👌
$BTC is at ath, but dominance preparing for next leg down! 📉
$ETH is consolidating around 2500! 📊
Fair and rational market cap for IOTEX today, according to DeepSeek, Chat-GPT and GROK is around 2-4b! ✅️
To put it into proportion with crypto market growth, then avg market cap should be 5-10b! 🔋
Funding fees are in minus ➖️ which is another indicator that shortsellers are the main type of IOTEX traders! ✅️
IOTEX at these levels is pure GIFT! 🎁
#BinanceAlphaAlert #traders #Binance #BullRunAhead #BreakoutTrade