🚨 Bitcoin Holds Steady, Altcoins Bleed!

As of this morning, Bitcoin (BTC) is trading near $62,500, showing mild strength despite low volume. BTC dominance is at 53.4%, continuing to rise — which tells us smart money is moving back into Bitcoin for safety, while altcoins face more downside pressure.

🟥 Ethereum (ETH) has dropped below $3,300, and major altcoins like SOL, AVAX, and ADA are down 2-4% in the past 24 hours. It’s clear that capital is consolidating in BTC, and altcoin traders are either sitting on the sidelines or cutting losses.

🔍 Why it matters:

BTC is acting as a safe haven amid regulatory uncertainty and upcoming macro events

Altcoins are losing liquidity fast – avoid catching falling knives!

Expect volatility as we approach Friday’s U.S. jobs report, which may move both crypto and equities

📈 Short-Term Strategy for Today:

✅ Stick with BTC scalps (M15–M30)

✅ Watch for dominance above 54% — this confirms alt weakness

❌ Don’t enter new altcoin positions unless there’s a clear reversal with volume

💡 Pro Tip: In times of market fear or indecision, preservation > profit. Survive this phase, and you’ll thrive in the next leg up.

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