#BinanceSquareFamily When $BTC (Bitcoin) was dominating, altcoins were also pumping. $ENA (Ethena), $XRP (Ripple), LINK (Chainlink), ADA (Cardano), and SOL (Solana) saw upward momentum as investor confidence grew.
However, as BTC is now gradually dumping, these altcoins are also following the trend and experiencing a decline.
The market sentiment is shifting, and many traders are closely watching BTC’s movement to anticipate the next move.
Since Bitcoin often dictates the broader crypto market’s direction, a further drop in BTC could lead to more corrections in altcoins.
Traders should remain cautious in this volatile environment. Proper risk management and awareness of key support and resistance levels are essential.
What do you all think? Share your opinions in the comment below 👇👇⬇️