Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: sagarmota10 on September 12, 2024, 12:50:22 PM
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In past we found that when ETH/BTC pair moving in market most alts are performing very much and sentiment of alts looks like a bullish. Most of coin btc pair does not perform as expected still but once it's start to move to upper level the alts can give breakout and will see the massive move in all coins.
I'm accumulate the btc pair of L2 coins for better returns bcz once ETH/BTC pair start the rally the more volume can seen in L2 coins like OP,ARB,ZK,LRC,IMX.
let me know your favourite one.
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You do not know what you are saying at all. ETH/BTC pair has been on the downtrend since 25 months ago or more since bitcoin performed more than ethereum. I guess you are talking about bitcoin and ethereum separately, that when they are increasing, that other altcoins will also be increasing. If that is what you mean, you are right but your post is wrong.
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You do not know what you are saying at all. ETH/BTC pair has been on the downtrend since 25 months ago or more since bitcoin performed more than ethereum. I guess you are talking about bitcoin and ethereum separately, that when they are increasing, that other altcoins will also be increasing. If that is what you mean, you are right but your post is wrong.
Dear I'm not talking wrong or negative but whenever eth/btc pair move the alts moves better you may check history chart of usdt pair alongwith btc pair.
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Maybe you can clarify what do you mean by ETH/BTC pair movement. Since you mentioned the USDT pair, I assume you're referring to how the BTC price increased in USD? Judging from your description though it seems like you're referring to the same thing as act mentioned above. When BTC or ETH pumps and then go sideways alts do follow them most of the time. Btw, some people said that alt season is gone for this cycle even though most of us are still waiting for BTC to break $100k. CMIIW.
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After the stablecoin came, its the USDT that absorbed all the money in crypto and not the altscoins. Its basically the same as the real world anymore. We no longer see large volume on pairs like BTC/ETH.
But it would have been good if we see more volume once again and Polo could have been popular still.
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In past we found that when ETH/BTC pair moving in market most alts are performing very much and sentiment of alts looks like a bullish. Most of coin btc pair does not perform as expected still but once it's start to move to upper level the alts can give breakout and will see the massive move in all coins.
I'm accumulate the btc pair of L2 coins for better returns bcz once ETH/BTC pair start the rally the more volume can seen in L2 coins like OP,ARB,ZK,LRC,IMX.
let me know your favourite one.
No, these two coins pairs, BTC/Ether does not move the market at all, they do not control the crypto market. Btc/Ether pairs are just like other btc/pairs on the market. It is a fact that Bitcoin drives the entire crypto market and not with Ether token pair.
Now, what I think will bring altcoins season is one of the market factors that is called, 'Dominance'. Bitcoin dominance will have to decrease to a certain rates to enhance altcoins Bull run.
Please be certain of your claims with facts, many users may like to see your proof.
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In past we found that when ETH/BTC pair moving in market most alts are performing very much and sentiment of alts looks like a bullish. Most of coin btc pair does not perform as expected still but once it's start to move to upper level the alts can give breakout and will see the massive move in all coins.
I'm accumulate the btc pair of L2 coins for better returns bcz once ETH/BTC pair start the rally the more volume can seen in L2 coins like OP,ARB,ZK,LRC,IMX.
let me know your favourite one.
I just talked about L2 coins and there is not doubt that they are in the hype and most of the investors are investing in such coins and the mentioned ones are old and have great hype Still, I like the ARB most but OP is also good I have some OP earned via an airdrop and have some ARB but not that much. The other three I am not much aware of them so no comments on.
But overall, I can say one thing for sure that L2 coins are best to invest in, and yeah, whenever we see an uptrend in BTC, we see one in ETH as well, and then the whole alt market also moves in the same trend but that's not valid all the time.
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we are tracking ETH/BTC pair regularly. once this pair starts greenery than only alts will perform against btc.
My studies says 20th Oct to 20th nov this is the time period wen we breaks all time high and real alt season will start....eth will double in a month during that time.
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In past we found that when ETH/BTC pair moving in market most alts are performing very much and sentiment of alts looks like a bullish. Most of coin btc pair does not perform as expected still but once it's start to move to upper level the alts can give breakout and will see the massive move in all coins.
I'm accumulate the btc pair of L2 coins for better returns bcz once ETH/BTC pair start the rally the more volume can seen in L2 coins like OP,ARB,ZK,LRC,IMX.
let me know your favourite one.
No, these two coins pairs, BTC/Ether does not move the market at all, they do not control the crypto market. Btc/Ether pairs are just like other btc/pairs on the market. It is a fact that Bitcoin drives the entire crypto market and not with Ether token pair.
Now, what I think will bring altcoins season is one of the market factors that is called, 'Dominance'. Bitcoin dominance will have to decrease to a certain rates to enhance altcoins Bull run.
Please be certain of your claims with facts, many users may like to see your proof.
It should be noted that Bitcoin dominance tends to drive the overall cryptocurrency market in not only the Bitcoin’s to Ether’s ratio but the entire market. What it has been found is that when Bitcoin dominance falls, there is usually creation of space for altcoins to post massive gains. This is because a majority of the capital earlier deployed in Bitcoin starts investing in other digital currencies, or as people say, ‘Altseason’. This knowledge suggests that paying attention to fluctuations in dominance levels can be used to draw possible signal for bullish sentiment in the altcoins. To this assertion, many research studies, and historical records show that instances when Bitcoin’s trading domination decreases are likely to correspond with altcoins’ price rises.