Picture of the author

Crypto 259

06/08 10:41

No altseason yet! Inside the growing rift between

No altseason yet! Inside the growing rift between Bitcoin and altcoins

Bitcoin crushes shorts, locks demand; altcoins bleed longs, killing altseason.

Bitcoin dominance [BTC.D] has done what it always does in a bull market, soaking up liquidity and starving altcoins. 
Even as Bitcoin [BTC] printed a new all-time high, mega-caps like Ethereum [ETH], Solana [SOL], and Ripple [XRP] couldn’t keep up. Forget new highs, most large caps couldn’t even flip key resistance levels.
But under the hood, the data tells an even sharper story. 

Before the 2022 bear market hit, during the 2021 cycle, Bitcoin topped out around $69,000 in November, and altcoins pretty much followed the move. 
1749207931334.png
#Check In to Win a 20g Gold Bar#Share Your Thoughts on Popular Assets in June#Claim1,200 USDT in the Monthly Creation Challenge
ThíchChia sẻ

Tất cả bình luận0Mới nhấtPhổ biến

avatar
Mới nhấtPhổ biến