Daily BTC Dominance Update

2021年11月7日

BTC continues to fall against the broader market. Price has now dropped below that central resistance line I mentioned previously, and we have a small green candle coming back up to it. This will most likely be a simple re-test before BTC moves lower. Trading into to ALTS has not been easy as they have been randomly pumping hard and then falling back. This market where BTC moves sideways is a great playground for the whales to manipulate the smaller coins. Best to look for long term trends and get in on pullbacks. Don't be jumping into existing pumps, you will usually be buying somewhere near the top. If you have 10-20% because a coin you were holding has pumped, then take some profit and move it to another one that has better potential. Don't be caught holding all the way back down.