bG answers the question/self-reflection of many b these past few days, which is "why after signing the crypto bill, did ETH and altcoins increase sharply, while BTC did not increase proportionately" :
💥 Money flow rotates to alt:
- Previously, atrai led the market to rise sharply, he himself continuously reached new ATH before signing the bill. Market capitalization increased more strongly than ETH and alt (dominance up 54–55%).
- When the crypto law was signed, the profit-taking money from BTC shifted to altcoin because of the expectation of greater benefits.
--> This is the "rotation" effect (money flow rotation) that is very common after major events that bG often replies to comments when you all wonder 😆
💥 The bill is more beneficial for ETH and altcoin:
- ETH was "vindicated", stronger money flow into it.
- The bill like FIT21 clearly distinguishes between “commodity” and “security”, tends to protect Layer1/Layer2 projects, DeFi, stablecoins…
--> ETH, SOL, previously suspected DeFi tokens as “securities”, are now expected to break free from SEC barriers --> this bG has written in the article about the bill, before the "crypto week"
💥 Stuck at strong resistance:
Technically, BTC faces a very strong resistance area around 119.5-120. There was no new money flowing into BTC spot ETF at that time
--> Sideway accumulation.
💥 Investors use it as a price anchoring asset:
- Large institutions (fund, ETF...) are still holding BTC as “digital gold”, less speculative than altcoin.
- When the market is optimistic, individual investors will increase leverage on alt to maximize profits, while BTC plays a stabilizing role.
💥 MicroStrategy just bought an additional 6,220, raising total holdings to 607,770 BTC (~43.6 billion USD).
Trump Media & Technology Group is holding 2 billion USD (~17,000 BTC) and is redefining the orientation of “buy as much as possible”.
💥 The total market capitalization has reached a record ~4000 billion USD on June 18 ❤️
$XRP
💥 Money flow rotates to alt:
- Previously, atrai led the market to rise sharply, he himself continuously reached new ATH before signing the bill. Market capitalization increased more strongly than ETH and alt (dominance up 54–55%).
- When the crypto law was signed, the profit-taking money from BTC shifted to altcoin because of the expectation of greater benefits.
--> This is the "rotation" effect (money flow rotation) that is very common after major events that bG often replies to comments when you all wonder 😆
💥 The bill is more beneficial for ETH and altcoin:
- ETH was "vindicated", stronger money flow into it.
- The bill like FIT21 clearly distinguishes between “commodity” and “security”, tends to protect Layer1/Layer2 projects, DeFi, stablecoins…
--> ETH, SOL, previously suspected DeFi tokens as “securities”, are now expected to break free from SEC barriers --> this bG has written in the article about the bill, before the "crypto week"
💥 Stuck at strong resistance:
Technically, BTC faces a very strong resistance area around 119.5-120. There was no new money flowing into BTC spot ETF at that time
--> Sideway accumulation.
💥 Investors use it as a price anchoring asset:
- Large institutions (fund, ETF...) are still holding BTC as “digital gold”, less speculative than altcoin.
- When the market is optimistic, individual investors will increase leverage on alt to maximize profits, while BTC plays a stabilizing role.
💥 MicroStrategy just bought an additional 6,220, raising total holdings to 607,770 BTC (~43.6 billion USD).
Trump Media & Technology Group is holding 2 billion USD (~17,000 BTC) and is redefining the orientation of “buy as much as possible”.
💥 The total market capitalization has reached a record ~4000 billion USD on June 18 ❤️
$XRP
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