Over the last month, "whales" sold more than 3 billion Dogecoins. The coin now shows weak dynamics, but it is still supported by Elon Musk, and I would act against large capital, picking up an asset with potential until the end of the cycle - 3-6 months.
Even if BTC falls to the region of $95,000 - $90,000, nothing critical will happen. Dominance is in a clear negative trend and liquidity will continue to increase, and DOGE is the main beneficiary of memtokens and one of the important assets on the market.
Tomorrow it will be clearer with the potential of the trend and it will be possible to make some assumptions about the trend.$GT $ETH $GUSD #btc #usdt #ltc #sol #xrp
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Deltapro
· 11-09 08:30
Analyst: Bitcoin's dominance chart points to altcoin season approaching
The dominance of bitcoin has been showing bearish signals for several weeks, which may indicate that the altcoin season is approaching earlier than many traders expect. This was announced by cryptanalyst Matthew Hyland on X social networks.
Whales are actively draining DOGE.
Over the last month, "whales" sold more than 3 billion Dogecoins. The coin now shows weak dynamics, but it is still supported by Elon Musk, and I would act against large capital, picking up an asset with potential until the end of the cycle - 3-6 months.
Even if BTC falls to the region of $95,000 - $90,000, nothing critical will happen. Dominance is in a clear negative trend and liquidity will continue to increase, and DOGE is the main beneficiary of memtokens and one of the important assets on the market.
Tomorrow it will be clearer with the potential of the trend and it will be possible to make some assumptions about the trend.$GT $ETH $GUSD #btc #usdt #ltc #sol #xrp