I'm currently 30% exposed to the market and only in spot
If you're overleveraged I recommend to cut it off or reduce margin during high volatility, stay in spot is more safe
President Donald Trump’s son, Eric Trump says, “I am confident that #Bitcoin is going to hit $1 million.”
Читать полностью…In the past 24 hours, the total liquidations comes in at $1.76 billion (Long + Short)
Never good to overleveraged!
This was a reason I always recommend spot and low leverage trading, and manage your risk because of high volatility. I feel the pain, but if you're expecting to get rich quick this game is not for you, tough words but I have to say. Don't let you shaken out during bull market.
Now, dominance being rejected at horizontal line, funding almost reset and most altcoins forming their lower highs which could make a next leg up.
I assume #Bitcoin will be consolidating here and allow altcoins upward move continuation
Читать полностью…Bitcoin’s market cycles are marked by a gradual transition of wealth from long-term holders to short-term holders. This dynamic is playing out similarly in the current cycle but with additional nuances due to the influence of spot ETFs:
As long-term holders are typically defined as those holding Bitcoin for at least 155 days, many early ETF-driven buyers now fall into this category.
🔹 Spot ETF buyers, who began accumulating heavily early in the year, swelled the 6-12 month cohort to 25% by August. Since October, this group has reduced to 16%, possibly due profit-taking by these newer market participants.
🔹 A more concerning trend is the decline in the 1-2 year and 2-3 year cohorts, which represent seasoned holders who accumulated during the June-November 2022 market bottoming phase. Their distribution suggests we are transitioning toward the later stages of the cycle.
🔹 Holders from the 3-5 year cohort remain relatively stable at ~13.9%, indicating that these holders don’t yet seem incentivized to sell.
#glassnode
$TOKEN looks good for a bounce, currently sitting at major support
R/R is really good
The altcoins suffering to follow Bitcoin's high volatility
But still good dip to snag some sweet bags before the next leg up. This is a good opportunity to purchase into high potential tokens
If you're fully in altcoins, hold your spot and don't capitulate
$WIF is ready for a next leg up
https://x.com/thebull_crypto/status/1865412741621813338