KZG Crypto 口罩哥
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Are altcoins about to perform? These signals cannot be ignored
After the crash, the most interesting thing is to observe the flow of funds.
I've been closely watching the performance of altcoins these past few days and have noticed some very interesting signs.
Look at the comparison chart above, both ADA and LINK have rebounded over 61%, XRP, DOGE, BNB, ETH, and SOL have all seen double-digit increases. And BTC? It has only rebounded 6.3% from its low.
What does this mean? Funds are starting to flow from BTC to altcoins.
Let's take another look at BTC's market share. During the crash, panic funds surged into the 'relatively safe' BTC, reaching over 55%. What about now? It has dropped to 60.45%. The altcoin season index has also rebounded from 40 to 41.
I've been closely watching the performance of altcoins these past few days and have noticed some very interesting signs.
Look at the comparison chart above, both ADA and LINK have rebounded over 61%, XRP, DOGE, BNB, ETH, and SOL have all seen double-digit increases. And BTC? It has only rebounded 6.3% from its low.
What does this mean? Funds are starting to flow from BTC to altcoins.
Let's take another look at BTC's market share. During the crash, panic funds surged into the 'relatively safe' BTC, reaching over 55%. What about now? It has dropped to 60.45%. The altcoin season index has also rebounded from 40 to 41.
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