📊 New to crypto? Here's a quick guide to understanding market dynamics:
When $BTC declines, it doesn't necessarily mean the entire market is crashing.
The secret lies in the behavior of alternative currencies! 👇
📈 If alternative currencies maintain strong support levels on the time frame, the market shows resilience and may rise
📉 However, if alternative currencies start breaking those levels, the market enters a broader downtrend
🔍 Currently, $BTC is declining by -3.84% and is hovering around 109K
📉 Some alternative currencies have started to lose their support, indicating a general weakness in momentum
📆 Watch the weekly close – it is key to determining the next direction
📲 Follow channel #CryptoEmad for real-time analyses and true market narratives