#Bitcoin is continuing its horizontal movement around $109k.

Most investors want to see analysis of $ETH and altcoins rather than $BTC analyses, as they are trading in Ethereum and altcoins.

Recently, the correlation between BTC and ETH has been high, so prices are moving in the same direction at the same time. Therefore, understanding Bitcoin is more important.

The entire market is moving in the same direction. However, since the market cap of ETH and altcoins is lower, they tend to rise more during uptrends and fall more during downtrends.

This is why the trades we open in Bitcoin do not match the trades we open in altcoins in terms of quantity; the position size and risk are 2-3 times lower.

Since ETH and altcoin analyses have been frequently asked, I wanted to provide a brief update, friends. You can buy and sell altcoins based on Bitcoin analyses. You just need to manage your risk correctly and be a bit more cautious.

Currently, Bitcoin data is still maintaining its positivity.

Wishing everyone a great weekend and plenty of profits.