Cryptomarket is connected together and so complicated
You have to make Analysis for
1- BTC
2- BTC Dominance
3- your coin
and combine all three stuff for a good result
BTC Dominance
We can see new potential (w) or double bottom on the chart in formation ..in the past that happened too and as a result BTC Dom rise and some of alts completely eliminated ...yes we still early but take care
Market structure also has changed than last few weeks / months and seems to be only the scalping will work out in this days not holding coin for 10000% potential
BTC Dominance pumped from 40% to 44% As a result even when btc was pumping today we can see only BTC and some small sats coins (shitcoins) are strong while all the market in dump including ETH and other large cap
My view ...alt still have chance to recover but will take time and we can change our view if serious change happened ...and only few coins can prove its self in this phase
market change we change and adapt
Good luck
You have to make Analysis for
1- BTC
2- BTC Dominance
3- your coin
and combine all three stuff for a good result
BTC Dominance
We can see new potential (w) or double bottom on the chart in formation ..in the past that happened too and as a result BTC Dom rise and some of alts completely eliminated ...yes we still early but take care
Market structure also has changed than last few weeks / months and seems to be only the scalping will work out in this days not holding coin for 10000% potential
BTC Dominance pumped from 40% to 44% As a result even when btc was pumping today we can see only BTC and some small sats coins (shitcoins) are strong while all the market in dump including ETH and other large cap
My view ...alt still have chance to recover but will take time and we can change our view if serious change happened ...and only few coins can prove its self in this phase
market change we change and adapt
Good luck
