I just checked the market and Bitcoin still can't clearly break above 73.5K, it looks somewhat stagnant in this zone. Meanwhile, DOT and UNI are leading the altcoin rally, quite an interesting move they are making.



The curious thing is that when Bitcoin lacks a clear direction, leveraged traders tend to look for volatility elsewhere. DOT is at 1.15 and UNI at 3.12, both showing more strength than the king. I've seen that many people currently prefer to use leverage on altcoins because they have more movement than Bitcoin.

If Bitcoin manages to break resistance soon, we will probably see a general rally. But if it stays here longer, DOT and UNI could continue gaining prominence. Some traders are being quite aggressive with leverage on these altcoins, so we need to watch out for sharp movements. Personally, I am observing whether Bitcoin finds support or if it definitely loses momentum in the short term.
BTC-0.41%
DOT-0.42%
UNI0.22%
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