Hi friends! :)
Today’s topic is Ethereum (ETH), I hope you like my first post on my blog.
Crypto moneys are more risky than traditional investment tools in todays and can ensure critical gain connected this risk. These money do not depend on regulations and rules of general stock market. For this reason; increased risk appetite ends up with loss and gain.
There are 3 types of output models in this market:
- Increasing Bitcoin, decreasing bottoms
- Increasing bottoms, decreasing Bitcoin or staying stabile
- Increasing general market
Let’s analyze them!
In the situation of increasing Bitcoin and decreasing bottoms, Bitcoin (BTC) Dominance increases in the market. In this type of increasing, it is searched resistance and support in Dominance. Bottom coins are exited from the most convenient place as possible. Dominance is the Bitcoin percentage of total market value.
In the situation of starting to decreasing Dominance, locking resistances, occurring of increasing especially in Ethereum (ETH) Bitcoin (BTC) parity, (watch out here!) it makes sense to invest coins that the most decreasing or stayed in silence for a while in Bitcoin (BTC) Bull.
So, why is looked at Ethereum (ETH) Bitcoin (BTC)? Because, the biggest coin is Ethereum (ETH) after Bitcoin. Its size is high and signs of debut or recovery are caught by Ethereum (ETH) faster and clearly. And the coins, which stays in silence, are took by evaluating “that did not check out”.
