#altcoins Market Analysis – Why Did We See a Dip Today?
Let’s dive it down with some exclusive alpha.
The kind most people pay for in premium courses. But here, it’s free and straight to the point.
👉 What Are Altcoins?
Altcoins refer to all crypto tokens except $BTC and $ETH. So when we talk about the altcoin market, we’re looking at everything from $SOL and $ADA to meme coins and DeFi tokens.
❓ Why the Dump Today?
Here’s the real reason behind the dip:
- Open three key charts on TradingView:
1. TOTAL2 – represents the market cap of all altcoins excluding $BTC.
2. TOTAL3 – excludes both $BTC and $ETH.
3. Your favorite altcoin chart for confirmation ( mine is $DOGE $W $PROVE )
- On these charts, you’ll notice a Break of Structure (BOS)—a key signal in market structure analysis. This BOS is bullish, but it comes after a massive pump, which means the market needs a healthy retracement.
- The current move is likely aiming to fill the Fair Value Gap (FVG)—a common behavior in smart money concepts. Expect at least a 50% retracement into the FVG zone before the next leg up.
🧭 What This Means for You
This isn’t a crash—it’s a cooling-off phase. Smart money loves retracements because they offer better entries. So instead of panicking, watch for signs of accumulation and prepare for the next bullish wave.
Always remember , deep is the new opportunity for entry. Follow my last 2 signal and keep patience.