Altcoins Market Update
The market still looks fine overall. Yes, it’s choppy — but that’s normal after a strong July. Pullbacks are healthy.
BTC dominance is falling strong resistance, which puts pressure on altcoin to up.
Many alts are trading up their August monthly open.
ETH is holding above its monthly open — a good sign.
This chop often:
• Shakes out late long entries
• Frustrates traders
• Traps people on lower timeframes
