#BTCvsETH When should you take entry and exit in the market?
If you have invested in crypto, there are a few simple yet important things that you must check daily:
1️⃣:-(BTC Dominance)
BTC dominance means how strong Bitcoin is in the market.
The higher the BTC dominance goes, the weaker the altcoins will be and there will be a dump in them.
But as soon as BTC dominance starts to go down, altcoins pump — just like what is happening now.
2️⃣:- (USDT Dominance):
This means how strong USDT is in the market.
If USDT dominance is going up, it means people are holding USDT and not buying.
The result of this is that the volume of coins decreases and the market goes down.
3️⃣:- (Total 2):
This chart shows us how much investment is happening in all coins (altcoins) apart from Bitcoin.
If this chart is going up, understand that money is coming into altcoins, otherwise money is going out.
Therefore, don't forget to check the Total 2 chart daily.
4️⃣:- (Fear & Greed Index):
This index tells us whether investors are in fear or greed at the moment.
There is a famous saying:
"Buy the Fear, Sell the Greed"
When the index is in fear, buy,
and when it is in greed, take profits and exit the market.