Since May 29th, $BTC dominance has pumped by +7.5% and that’s exactly why we’ve seen altcoins bleeding out these past days. Hopeful we start seeing BTC dominance cool off soon so alts can finally catch a breath and give us some proper green days 🟢
Keep an eye on that dominance chart it’s the real altseason trigger.
As posted earlier, opened a long at 0.0520, with a game plan to DCA between 0.0504-0.0490 if price dipped below 0.0511 and that’s exactly what happened.
Price fell below 0.0511, I stayed calm, stuck to the plan, DCA’d in the 0.0504-0.0490 range, and lowered my average entry.
Target was 0.0560, and we hit it beautifully. Clean structure, solid volume follow-through. Setup played out exactly as mapped. #SOPH #CryptoTrading #Altcoins #BTC
Yesterday was chaos stop-losses wiped on longs as $BTC dumped hard on #TrumpTariffs lolzzz But #mubarak holding strong in the yellow box I marked and posted on my twitter account on 30th May. Triple bottom zone doing its job. As long as it stays there, structure’s intact. Watching closely
Bitcoin hash rate is at an all-time high Meanwhile, #BTC C supply on exchanges is approaching an all-time low. What does this mean? A rising hash rate signals the network is more secure than ever, with more miners joining showing confidence in Bitcoin's future. At the same time, lower exchange supply means more BTC is moving to cold storage and long-term wallets, reducing available sell pressure on the market.
Strong fundamentals building quietly in the background
Been in the trading game 3 years — one thing I’ve learned: the biggest money comes when you WAIT for price to enter your zone. FOMO is a killer.
Forget paid gurus. 15 mins a day if you're part-time, 5-6 hrs if you want this full-time. The more you learn, the more patience & confidence you build. Be independent, #TradingCommunity #LearnFromMistakes #tia #BTC
Opened a long on #SOPH at 0.0520 — if price holds between 0.0520-0.0511, targeting 0.0560 for TP. If it breaks 0.0511, no panic will DCA between 0.0504-0.0490 and still aim for that 0.0560 take profit. Let’s see how it plays out. Volume & structure looking Good. #sophon
$BOME price is consolidating around the 0.00650 level, indicating that the market is deciding its next move. Consolidation often precedes a significant move either up or down.
The 0.00710 level is crucial for the next move. A decisive break above it could propel the price to 0.00735 and possibly higher, while a failure to break might lead to a consolidation or retracement back towards 0.00650 or lower.
Monitoring the volume and price action around these levels will provide more clarity on the next move.