Castro Trade
High-Frequency Trader
2.2 Years
4 Following
7 Followers
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Good morning, traders!
➡️ I am analyzing open positions and watching the fear and greed index. It is currently at 24 (fear) .
Historical meanings:
- Yesterday: 27 (fear)
— A week ago: 27 (fear)
— A month ago: 21 (fear)
✅ The market is in fear, which may mean good entry points. I continue to monitor the situation!
➡️ I am analyzing open positions and watching the fear and greed index. It is currently at 24 (fear) .
Historical meanings:
- Yesterday: 27 (fear)
— A week ago: 27 (fear)
— A month ago: 21 (fear)
✅ The market is in fear, which may mean good entry points. I continue to monitor the situation!
Altcoins Ascend: Bitcoin Hangs in the Balance
Market opinions are divided; while many experts anticipate a drop in BTC, about 90% expect altcoins to gain dominance. However, historical trends suggest that widespread altcoin growth rarely accompanies BTC declines. Recent indicators, like a 15% drop in BTC ETF and a 40% fall in miner activity highlight market uncertainty. Despite this, everyday crypto users often favor altcoins for their agility, with many heavily invested. If a collapse occurs, it wouldn't be surprising given recent shifts; in the past 13 weeks, dominance has already fallen by 7%, with notable declines of 10-15% in altcoins.In the current market scenario, where opinions vary on Bitcoin's future, what do you believe will happen next?#BTC #marketuptade $BTC $
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