5 Comments

  1. coinfeeds-bot on

    tldr; CryptoQuant CEO Ki Young Ju reports that whales are preparing for an altcoin rally by setting up strong buy walls for altcoins, excluding Bitcoin and Ethereum, on centralized exchanges. These entities prefer limit orders to avoid slippage and secure the best prices. Ju notes an increase in limit buy order volume for altcoins, indicating the formation of buy walls. He advises that now is the time to research promising altcoins before Bitcoin hits a new all-time high, suggesting a potential market shift reminiscent of mid-2020’s sideways trading.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. Still too early to be buying alt’s I believe.

    I’ll wait for BTC dominance to increase a little more and ATH’s to come before profits start to overflow into other crypto.

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