Bitcoin (BTC) is hovering around the $68,000 mark, with Bitcoin dominance rising, indicating BTC is pulling strength relative to other cryptocurrencies. Historically, BTC dominance peaks around the 61-62% range, at which point the focus often shifts back to altcoins, which may see a rally. Right now, though, many older altcoins still look weak, and they’re unlikely to pump significantly in the near term. Rather than holding on to these outdated altcoins in hopes of a revival, consider switching strategies.

A smart approach is to look for newer altcoins that have stronger momentum and have shown resilience or potential for growth. Aim to buy during their dips, with clearly set entry points and stop-loss levels to manage risk. When sentiment turns bullish, take profits incrementally, as markets can quickly shift direction. Prioritize entries below your initial buy points to maximize potential gains, and maintain a disciplined approach to manage each position effectively.

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