"ALTCOINS: HOLD OR SELL? BTC Dom at a Critical Turning Point!
đ Hey Traders! đ
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đ„ Market Recap
Last night, we witnessed a massive liquidation cascade across the entire crypto market. Altcoins took a heavy hit, with many dropping 20-30% overnight, wiping out billions of dollars.
đ Key Takeaway:
This is why I always stressânever trade leverage without a stop-loss. Protect your capital first. Hope you all followed this golden rule!
đ Market Outlook: Where Are We Heading?
BTC Dominance:
Breaking down from a rising wedge on the weekly time frameâa classic bearish signal.
Currently retesting the breakdown zone, indicating a potential sharp decline ahead.
đ What This Means:
If dominance drops further, spot altcoin holdings will likely surge.
This is the time to accumulate, not panic-sell.
đ Opportunities Ahead
Many altcoins are retesting key support levels after breaking out on the daily time frame:
FET, W, PEPE, LTC, APT, RENDER, and more.
Patience is key here. Hold onto your spot bags and use this dip as an opportunity to accumulate strong projects.
đ The Road Ahead
Over the next few days, we anticipate a strong recovery across the market, with alts pumping hard. Stay calm, stick to your strategy, and ride this wave.
đŹ Your Move:
Whatâs your strategy for this phase? Are you accumulating or waiting for more clarity? Drop your thoughts in the comments belowâweâre in this together! đđ„
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#BTCdominance #Altcoinsđđ