Mr Bit95
Open Trade
ETH Holder
Occasional Trader
4.2 Years
0 Following
25 Followers
20 Liked
0 Shared
Posts
See original
Should you buy #Altcoin yet?
In my opinion, not yet. Currently, #BTC has reached a new ATH, but Altcoin is still not active and lacks growth momentum. In case the market takes profits, and BTC adjusts, then #Altcoin could drop even deeper. According to Glassnode's data, the percentage of Bitcoin in profit is currently 98%-99%, and I believe the likelihood of profit-taking is high. My strategy now is to sell BTC at #DCA , increase the amount of #usdt held, and wait. Tomorrow BTC might reach 200k$ , but taking profits to hold cash is how I manage risk. We won't know where the peak or the bottom is until it has already happened...
In my opinion, not yet. Currently, #BTC has reached a new ATH, but Altcoin is still not active and lacks growth momentum. In case the market takes profits, and BTC adjusts, then #Altcoin could drop even deeper. According to Glassnode's data, the percentage of Bitcoin in profit is currently 98%-99%, and I believe the likelihood of profit-taking is high. My strategy now is to sell BTC at #DCA , increase the amount of #usdt held, and wait. Tomorrow BTC might reach 200k$ , but taking profits to hold cash is how I manage risk. We won't know where the peak or the bottom is until it has already happened...
See original
I have taken partial profits on BTC. Currently, 99% of participants are in profit, so I believe that in the short term there will be many profit-taking orders.
BTC/USDT
Sell
Price/Amount
111,112/0.009
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
TrumpTariffs
67.4M views
91,345 Discussing
According to Jinshi Data, President Trump announced plans to impose additional tariffs on countries that tax U.S. exports. He also stated that Congress is close to passing the largest tax cut bill in U.S. history, calling it a “rocket” for the U.S. economy. The combination of tax cuts and new trade measures could lead to stronger domestic growth and investor confidence—but may also introduce global trade uncertainty and inflationary risks.
💬 Do you think these policies will boost markets, or trigger more global volatility? How do you see this impacting crypto and broader risk assets?
👉 Create a post with #TrumpTariffs or the $BTC cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-05-14 06:00 (UTC) to 2025-05-15 06:00 (UTC)
Points rewards are first-come, first-served, so be sure to claim your points daily!
Binance Square Official
197 Likes
62.4k views
MarketPullback
116.2M views
108,426 Discussing
ETHMarketWatch
4.4M views
6,237 Discussing
