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Struggler974
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🚨 ALERT: Over $1.4B in
#Ethereum
shorts face liquidation if
$ETH
breaks above $4,000.
#ETH
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"Altcoin season" describes a market phase where cryptocurrencies other than Bitcoin see significantly stronger gains than BTC. When It Happens Bitcoin dominance (BTC.D) — the share of the total crypto market held by BTC — begins to drop as capital flows into altcoins. Investors often take profits from Bitcoin’s rally and rotate into higher-risk, higher-reward coins. Commonly occurs after BTC’s strong run or during periods of broad market bullishness. Key Signals Falling BTC Dominance — e.g., moving from 55% down to 48%. Altcoins outperforming BTC and ETH, especially mid- and small-caps. Sharp rallies in meme coins and low-liquidity tokens. Sector-specific hype (AI tokens, DeFi, gaming, L2 projects). Rising trading volumes across multiple altcoins. Phases BTC Leads — Bitcoin rallies first, altcoins lag. Ethereum Gains Strength — ETH outperforms BTC. Large-Cap Altcoins Rally — SOL, ADA, XRP, etc. Mid & Small Caps Explode — Meme coins and niche projects pump. Blow-Off & Pullback — Sharp corrections follow the peak. #Altseason
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$BTC Trade Setup – Short Bias on Rebound Idea: Price is bouncing after a sharp drop but is still below all key moving averages. The $116,100–$117,500 zone is a strong resistance where sellers may re-enter. Entry Zone (Short) $116,050 – $116,800 (Aligns with MA(7) & just below MA(25), likely sell zone) Stop Loss Above $117,600 (Above MA(25) and resistance; invalidates short thesis if broken) Targets Target 1: $115,000 (quick pullback level) Target 2: $114,100 (recent swing low) Target 3: $113,000 (next key support if $114K breaks) Risk/Reward RR: ~1:2.5 if aiming for Target 2 Low-risk setup as it shorts into resistance with clear invalidation. Notes If $BTC breaks and holds above $117,600 with volume, switch to long bias targeting $118,800 – $119,500. Watch RSI — if it starts rising toward 50 with high volume, sellers may lose control earlier than expected. #BTC
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🔥 LATEST: August is packed with crypto events. From DeFi, RWA and BTC, there’s something for everyone. #MarketPullback
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JUST IN: 🇺🇸 President Trump slams Fed Chair Jerome Powell "Too Little, Too Late. Jerome 'Too Late' Powell is a disaster. DROP THE RATE! The good news is that Tariffs are bringing Billions of Dollars into the USA!" #TrumpTariffs
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⚡️Despite $ETH trading near its March highs, investor profits are much lower, suggesting room to run, with similar conditions now pointing to a potential $4.9K target. #ETH
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