Bitcoin dumping, what to do? ✍️

Good evening to all my friends. I hope you all are doing well. I am having a fantastic day. Let's talk about crypto market. Bitcoin dumped from 99k and now trading above 92k. There's support around 90k. Let's talk about utility coins and the market trends over the last month. In November, Bitcoin saw a 45% increase, but over the last two days, it experienced a 5-7% correction, bringing its price above $92,000. Keep in mind, after major runs, Bitcoin often faces 10-15% corrections before continuing its rally. So there's nothing to worry. For the last two years, Bitcoin dominance was in an uptrend, and during this time, meme coins consistently outperformed the market. However, in the past 5-7 days, utility coins—those built on strong technologies—have started rallying, with some seeing gains of 50%, 100%, or even 150%. Projects like Polkadot, which focuses on interoperability, are bouncing back after being considered dead, with one-day rallies exceeding 50%. This shift suggests money is flowing from meme coins into utility coins.

Bitcoin dominance recently dropped from 61% to 58%, triggering a 2x-3x rally in large-cap altcoins. When Bitcoin dominance declines, it’s a signal that altcoins may enter a parabolic run. Ethereum, too, is struggling near its 7-month resistance. Once it breaks through, we could see a massive rally similar to Bitcoin’s past performance. If you’ve shifted your portfolio from strong utility coins to meme coins hoping for quick profits, you might miss out on this wave. Stay focused on fundamentally strong projects, as the current market trends favor utility coins over meme coins. Hold on to your strong altcoins, study the projects, and avoid panic-selling. That’s it for today. Here's the latest update video of crypto market. Thanks & have a good day!!

@abfarhan