🚨 Bitcoin is at an All-Time High. So Why Aren’t Altcoins Pumping?
Bitcoin is making new highs, but the altcoin market is still flat. Here are the main reasons behind it:
1. Bitcoin dominance is rising More money is flowing into Bitcoin compared to the rest of the market. When dominance increases, it usually means altcoins are being ignored. BTC is the first stop for most investors.
2. Oversupply of altcoins There are thousands of altcoins, many with overlapping use cases and little differentiation. Capital gets spread thin, making it harder for any single project to gain strong momentum.
3. Ethereum isn’t leading yet The ETH/BTC ratio is still weak. Historically, a strong Ethereum run often signals the start of a broader altcoin rally. Until ETH outperforms BTC, most altcoins tend to lag.
4. Altseason usually comes after Bitcoin cools down Altcoins often move after Bitcoin finishes its major run or enters a consolidation phase. Right now, the focus is still on Bitcoin. The rotation to alts usually follows with a delay.
$BTC breaks all-time high again. It survived China Bitcoin Ban, COVID crash, FTX collapse, Luna fall, Tariffs war and every bear market thrown at it. And still keeps pushing higher. King stays king. Next target is 120K? #BTCBreaksATH110K
110K coming soon. $BTC is moving up fast and might hit a new all-time high today. If you're in a long trade, use proper sl and stay safe. Might be volatile for a while.
$ETH selling looks slow right now. Might see an upside move soon. I have opened some long positions now and will look to add more if I get confirmation from price action.
$BTC gave a fake breakout above the zone and trapped a lot of buyers. It looked like a clean breakout but quickly reversed and started dumping. This was a clear liquidity grab where buyers were trapped. If you are in a short position this is a good area to book some profits. #SaylorBTCPurchase
PORTAL is showing strong momentum on the daily chart with a clean 20 percent move. Volume is picking up and interest around the project is clearly growing.
I accumulated some Portal and here is why. Gaming in crypto is still early and projects like Portal are setting the foundation. The project is focused on connecting games across multiple blockchains and making it easier for players to access them from one place. That kind of cross-chain access is something the gaming space needs if it wants to grow.
Right now it still feels like a dip. The price is lower than what this kind of utility could demand if adoption grows. I am not in this for short-term hype. I am here because I see long-term potential in real use cases.
I am watching closely as more people discover what this project is really building.
Breakout confirmed and ETH is pumping just like we talked. I hope you took the position earlier. Now if momentum continues, 3k is on the cards. Let it ride. Will share updates if anything changes.
Padmé Amidala
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$ETH important update on 1H.
Ethereum is respecting the trendline on the 1-hour. If it breaks above, we could see a strong move. A lot of shorts are stacked here, so once it breaks, they get liquidated. That can cause a big green candle. I am expecting a straight 3000 rally. I hope you are accumulating Ethereum before the breakout. Don’t sleep on Ethereum.
Ethereum is respecting the trendline on the 1-hour. If it breaks above, we could see a strong move. A lot of shorts are stacked here, so once it breaks, they get liquidated. That can cause a big green candle. I am expecting a straight 3000 rally. I hope you are accumulating Ethereum before the breakout. Don’t sleep on Ethereum.
$SOL Weekly Update Solana is taking rejection from a strong resistance zone on the weekly chart. I’ve shorted it here. It has pumped a lot recently, so I’m expecting a pullback. Can be bearish for some time. Let’s see how it plays out. Will update if anything changes.
Hope you took the $BTC short which I have shared earlier and booked profit. It worked well. I'm mostly done for the day now. If I see any new setup, I’ll post it. Follow for updates.
$BTC going down as expected. Book some profits if you have taken the trade.
Padmé Amidala
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Bitcoin Showing Weakness on Lower Timeframes.
$BTC is turning bearish on smaller timeframes like the 15-minute chart. If you're looking to short, you can enter with proper risk management. Use a stop loss and take profit quickly. These kinds of trades don’t usually last long.
But if you look at the higher timeframes, Bitcoin is still bullish. So this small dump might just be a pullback. It looks big on the small timeframe, but on higher timeframe it's just a higher low. Price is just taking a pullback before creating a higher high.
Trade the short-term moves but know the bigger trend.
$BTC is turning bearish on smaller timeframes like the 15-minute chart. If you're looking to short, you can enter with proper risk management. Use a stop loss and take profit quickly. These kinds of trades don’t usually last long.
But if you look at the higher timeframes, Bitcoin is still bullish. So this small dump might just be a pullback. It looks big on the small timeframe, but on higher timeframe it's just a higher low. Price is just taking a pullback before creating a higher high.
Trade the short-term moves but know the bigger trend.
Eth going upside. It's a fakeout. I hope you have taken long pos.
Padmé Amidala
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Watch $ETH Support Carefully (For Scalpers) If you're in a short position, make sure the candle doesn't bounce back above the support zone. If it comes back up, that means it's likely a fake breakout. You should think about exiting the trade or booking some profits. If it turns out to be a fake breakout, you can look for a long entry. Use a stop loss and manage your position based on your risk. Let the chart guide you, no need to rush.
Watch $ETH Support Carefully (For Scalpers) If you're in a short position, make sure the candle doesn't bounce back above the support zone. If it comes back up, that means it's likely a fake breakout. You should think about exiting the trade or booking some profits. If it turns out to be a fake breakout, you can look for a long entry. Use a stop loss and manage your position based on your risk. Let the chart guide you, no need to rush.