#OrderTypes101
#BTC Dominance is increasing, officially entering the unverified zone — the same area where altcoins previously collapsed.
These areas were identified by me on May 23rd, which I shared with the Binance family, and currently Bitcoin #dominance and #altcoins are moving in the same way as predicted.
🟠 Key level breached:
Two strong candles closed above 64.31% for 4 hours, breaking the boundaries that kept the hopes of altcoin rallies alive.
📍 Next key level: 65.48% — once breached, expect a massive sell-off in altcoins.
⚠️ Example: If #ETH drops, expect the rest of the altcoin market to bleed heavily. Remember, Ethereum leads the altcoin pack.
💡 Short-term pain = Long-term opportunity?
With altcoins under pressure, this might be the perfect opportunity to dollar-cost average or accumulate in anticipation of altcoin rises in Q4. Patience is key.
📊 Stay informed. Trade smart.
