UnBearaBull
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Bullish
DO NOT IGNORE THIS BEFORE #AltSeaason .
The OTHERS market cap chart shows the amount of money in the Coins ranking 11 and above. A rising market cap in this category often indicates increased interest and investment in alt coins, suggesting a shift in market sentiment away from dominant players like Bitcoin and Ethereum and the top 10 coins.
As the chart shows, 280Billion level on the OTHERS is a strong buy zone. A strong move to the upside is always triggered from the high liquidity areas. With USDT dominance rising, fear of rate hikes and overall confused sentiment of the traders due to silence from the newly elected president, it is highly likely that we will tap into this area before moving up.
This would reset the FEAR AND GREED index to fear/extreme fear and the retail won't be able to hold onto their bags selling in panic.
Historically, All the explosive Alt seasons have started from the fear/extreme fear phases.
A drop to 280 billion means a minimum of 20%-30% drop on coins ranking 10-100.
Comment your thoughts.
The OTHERS market cap chart shows the amount of money in the Coins ranking 11 and above. A rising market cap in this category often indicates increased interest and investment in alt coins, suggesting a shift in market sentiment away from dominant players like Bitcoin and Ethereum and the top 10 coins.
As the chart shows, 280Billion level on the OTHERS is a strong buy zone. A strong move to the upside is always triggered from the high liquidity areas. With USDT dominance rising, fear of rate hikes and overall confused sentiment of the traders due to silence from the newly elected president, it is highly likely that we will tap into this area before moving up.
This would reset the FEAR AND GREED index to fear/extreme fear and the retail won't be able to hold onto their bags selling in panic.
Historically, All the explosive Alt seasons have started from the fear/extreme fear phases.
A drop to 280 billion means a minimum of 20%-30% drop on coins ranking 10-100.
Comment your thoughts.
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