In recent years, the market share indicator of Bitcoin can clearly provide signals for the future market.
Bitcoin's market share has dropped from 60% to 58.8% According to observations, about 20% of mainstream coins have not fallen more than Bitcoin in the past two days, indicating that Bitcoin's market share will further decrease. When Bitcoin's market share falls below 50%, the market will tend toward a healthy value, and the bull market will further begin.
Bitcoin has fallen below the support line, and if it does not quickly break through 100,000, it is highly likely to enter a deep bear market. The current trend is that Bitcoin, Ethereum, SOL, BNB, and XRP's five strong bubbles are about to burst, leading to further declines, while mainstream coins are stabilizing.
Next, the suggestion given to everyone is to avoid all coins in the top ten by market capitalization, as the bubble is too large and the decline is even greater. Personally, I recommend bottom-fishing for anti-dip coins ranked between 20-80, such as FiL, DOT, ETC, LTC and other established coins, which have a smaller bubble and can hold steady even in a continuously declining market, or even rise against the trend.
Investing in coins must start from the underlying logic, otherwise, if you don't become the chives, who will?
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In recent years, the market share indicator of Bitcoin can clearly provide signals for the future market.
Bitcoin's market share has dropped from 60% to 58.8%
According to observations, about 20% of mainstream coins have not fallen more than Bitcoin in the past two days, indicating that Bitcoin's market share will further decrease. When Bitcoin's market share falls below 50%, the market will tend toward a healthy value, and the bull market will further begin.
Bitcoin has fallen below the support line, and if it does not quickly break through 100,000, it is highly likely to enter a deep bear market. The current trend is that Bitcoin, Ethereum, SOL, BNB, and XRP's five strong bubbles are about to burst, leading to further declines, while mainstream coins are stabilizing.
Next, the suggestion given to everyone is to avoid all coins in the top ten by market capitalization, as the bubble is too large and the decline is even greater. Personally, I recommend bottom-fishing for anti-dip coins ranked between 20-80, such as FiL, DOT, ETC, LTC and other established coins, which have a smaller bubble and can hold steady even in a continuously declining market, or even rise against the trend.
Investing in coins must start from the underlying logic, otherwise, if you don't become the chives, who will?