We're taking the Altseason Co-Pilot and the Pro Alerts to a whole new level. You can follow us over on Digital Currency Traders on Medium, or you can get a bunch of our information and updates along with any of our authors writing their articles. We are now also active on Twitter and Facebook because we're automating everything from our trading spreadsheet through ChatGPT into all different social media platforms.

In this video, I want to talk about Bitcoin dominance. If Bitcoin dominance is going higher, then the alt versus BTC pairs are probably going to suffer. So, we should check all of the coins that we've been putting out as alerts recently to see where they stand. Above, you can see the Altseason Co-Pilot spreadsheet. This provides the daily action matrix so that we can quickly see which coins are passing our threshold for our trading signal.

Reviewing Recent Alerts and Strategies

Yesterday, we had a whole bunch of coins move from alert status to hold status. We really want to double-check and watch our risk on them because even though they've gone into hold status, they could still continue on their downtrend if Bitcoin dominance goes up. Let’s take a look at a few of those charts. Above, you can see the Altseason Co-Pilot for a general view of where the market is right now, according to our bottom formation. You can also see our copy trading account's actual realized percentage gains, which is a live pull from the spreadsheet or from Bitget, where our copy trading is run through.

Let's go through some charts to see where they stand against our trading signal. You can also visit Digital Currency Traders to read articles about our trading signal and artificial intelligence technical analysis of these chart patterns. This way, you can compare what the AI says versus what our trading signal actually is.

Understanding Bitcoin Dominance and Altcoin Behavior

With Bitcoin dominance making a double-top formation, we could expect to see altcoins doing exactly the opposite. On average, altcoins may be making a bottom and could be brushing against the same bottom again. However, some coins might break down further, while others might not. We need a system that identifies coins holding up better against Bitcoin dominance.

As we start going through the coins, we have two examples that stand out: 1INCH is making lower lows like Bitcoin dominance and is failing, while AAVE is doing very differently. We need a system to catch coins making a bottom and holding above, while letting go of those making a little wick up and then fading off. There's no way to know which of these coins will take off, so we take small positions in all of them and only hold the ones showing us a profit.

Our job now is to manage risk, reducing positions in coins not proving us correct and adding to the ones that have. Let’s continue reviewing more charts.

Spotting Trends and Managing Trades

We got wicked into AGLD, which pulled back a little but is still within our trading parameters. Alice is another one I've been watching for a while; it got tagged out multiple times but remains within our trading parameters, so there’s nothing to do. ARKM is another one we were wicked into, and we’re holding on to it. ASR is yet another example of a coin doing something different than Bitcoin dominance. These are the ones bucking the trend.

Some coins haven’t finished a bottom formation deep enough to start positioning, like AXS, which we’re watching closely. Other coins, like Bell, tagged us in and are within trading parameters, so we can relax as long as we’re trading small. Bitcoin, Cake, and others are all doing something different than Bitcoin dominance, so we have to go through all the coins daily to filter out the ones doing something against the trend.

The Importance of Small Trades

Coins like CFX and COMP wicked us in and pulled back, but as long as the trades are small, it's okay.

The system is designed to catch small positions in coins that might make big moves. Those few trades that make massive moves are crucial to the overall system because they pay for the ones that don't perform or cost us money. To catch these moves safely, we need to trade small.

GRT, ICP, IMX, and others are examples of this strategy. We get wicked in, the price consolidates, and we hold on because of our small trade size. The same applies to others like MANA, MATIC, and MAV, which we’re closely watching. This careful management allows us to add to our positions later safely.

Navigating the Market with a Strategic System

As we move through coins like ORY, ORN, and OXT, the same principle applies. We hold small positions and let the system guide us through the market’s fluctuations. Some trades, like Pendle, look promising, while others like TRB and TRX are still in holding patterns.

This system isn't about picking the average coin; it's about finding those that defy the trend. For example, TON pulled back, but it’s consolidating at key technical levels before we consider adding to our position. Others, like STX, are doing well and showing why this system works.

Our system has caught ALT seasons before, and we’re positioned again to potentially profit as Bitcoin dominance tops out.

Although the future is uncertain, the Altseason Co-Pilot provides critical data.

By going through the Pro Alerts and checking where each coin stands above our entry positions, we believe this could be the top formation.

Even if it's not, we'll manage risk by getting kicked out of trades and taking those losses.

Trade safe and keep losses small.