Analyst Reveals What You Can’t Miss
In the market collapse shared On X, KOFH KHANEGHAH, an independent trader and the founder of zero complexity transactions, pointed out a few key encrypted charts, and he believes that this can determine the next main market migration. Khaneghah, which has invested in more than 50 startups, emphasized that BTC/USD, BTC advantage (BTC.D) chart (BTC.D), Total2, ETH/BTC, and SOL/BTC provides priceless insights. The current situation and possible future changes of the encryption market.
BTC/USD: Define the cryptocurrency market
KHANEGHAH determines BTC/USD as the standard for measuring the bull stage that may enter the market. According to his views:
“This determines which stage of the Bulls in the Bulls.
-The break into Ath Resume the Bull Run
-Th-> altcoins, the merging input accumulation area
-Pigan Structure Rest-> It’s time to become a time to see “
He suggested that traders first determine which of the three market environments in Bitcoin: an angry bull market to consolidate the stage or structural downturn. At present, KHANEGHAH sees BTC/USD “lower than the highest point in history, decreased from some major upward trends”, which is usually a catch -up scene of alternative cottage, or the extension before Bitcoin breaks the historical high. Cumulative stage.
BTC advantage (BTC.D)
In order to clarify whether the cottage coin is expected to take major measures, Khaneghah has shifted to the dominant position of BTC. As he explained: “BTC.D (BTC.D (Bitcoin advantage) Tracking the share of Bitcoin in the total encryption market value. “Increasing advantages = BTC’s performance is better than Altcoins lag (the same as the uplink and downlink). Reducing advantages = BTC will calm down and money flows into the cottage.”
Rising advantages usually means that Bitcoin is absorbing most market liquidity. At the same time, the decline of BTC.D usually indicates that Altcoins is about to see more capital inflows.
The market value of the encryption does not include Bitcoin (total 2)
Total2 chart exclude Bitcoin from the market value of total encryption is the key to analyzing Altcoin behavior. Khaneghah suggested: “When BTC.D falls, a total of 2 increases because capital is rotating to the cottage. When Total 2 broke out, please find the strongest cottage coins, rotate from Bitcoin, and then transfer to ALTS again.”
He emphasized that the highest probability transaction comes from the time when the market deviates from Bitcoin. In these cases, traders may see higher returns by entering Altcoin positions instead of staying in BTC.
Eth/btc
KHANEGHAH emphasizes that ETH/BTC is a useful barometer for the broader Altcoin feelings: “When ETH/BTC stops downward trend, the best cottage currency will occur because the market’s confidence in ALTS has resumed here.”
when Ethereum It is better than Bitcoin or stabilizes it. It usually arouses people’s confidence in cot.
Sol/btc
KHANEGHAH also attracted the attention of Sol/BTC, which shows that Solana’s performance compared to Bitcoin can reshape Altcoin’s capital rotation: “I usually don’t consider this, but it is more helpful to determine the currency rotation in Sol Ecosystem or ETH. People think that Sol has “pumped water”, but I like to buy coins hard instead of buying coins that may bid. “
although Sorana Khaneghah believes that its strong performance may continue. He pointed out that if Solana’s performance is better than Bitcoin, then certain capitals may be transferred from ETH, which may enlarge activities in the entire SOL ecosystem.
At the time of release, the transaction price of BTC was $ 105,026.
Special images from shutterstock, charts of tradingView.com
