#BinanceAlphaAlert *Market Update: Altcoin Play*
A ceasefire is in effect, and now's the time to act! I've bought 30% alts on the recent retracement, expecting BTC dominance to drop further. This could lead to higher returns on alts.
*Key Points:*
- *Altcoin Play:* Buying alts on dips could be a smart move, given the expected drop in BTC dominance.
- *Target Prices:* $109K and $114K are potential targets.
- *Stop-Loss:* Closing 4H below $98K will trigger a stop-loss.
*Market Outlook:*
- *BTC Dominance:* Expected to drop, potentially boosting altcoin performance.
- *Altcoin Returns:* Higher returns possible in the current market conditions.
*Trading Strategy:*
- *Buy on Dips:* Take advantage of market dips to buy alts.
- *Monitor BTC Dominance:* Keep an eye on BTC dominance to adjust your strategy accordingly.$BTC