💥🌟✨️ Enjin Coin, Bitcoin & The Altcoins Market



What are the odds of a bullish continuation?

Let's see... We just have to look at Enjin Coin vs USDT.

There you have your continuation.

Have you ever seen Enjin Coin growing, or any of the legacy projects for that matter, while the market is crashing through an overextended bear market?

Have you ever seen sustained bullish action on this and other altcoins while Bitcoin hits new lows?

It is not possible, the market is one.

When in doubt, zoom out.

Let's say you look at Bitcoin and you start to doubt based on the short-term. Zoom out, look at the weekly timeframe—all doubt goes away.

That's my thinking. The fact that these altcoins are growing, it means the bigger projects will also continue to grow. That's one signal out of hundreds.

And remember, the short-term doesn't count.

Bitcoin continues bullish as long as it trades above $60,000. It can retrace for weeks or days, nothing changes.

The market can continue to recover and the altcoins can continue to grow. Bitcoin can produce just another higher low and then resume rising. The market is not in a hurry. We are going up.

✅️ FOLLOW FOR MORE✅️
$ENJ $XRP $RAVE
ENJ54,9%
XRP2,3%
RAVE-23,25%
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BitcoinEmblems
· 7h ago
https://www.gate.com/nft/explore
Reply0
SushiSlippage
· 9h ago
A strong ENJ can serve as a signal, but I pay more attention to BTC's structure.
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MoonlightTake-ProfitLine
· 9h ago
I agree that short-term calculations don't count, but position management still matters. Don't go all-in just because you're bullish and hold through the volatility.
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Lime-ColoredStop-LossLine
· 9h ago
Your logic is trend-following, suitable for those who don't want to be driven by short-term emotions.
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IceCreamUnderTheNeonLights
· 9h ago
If established projects like ENJ can gain traction, it indicates that market risk appetite has returned, and I agree with that.
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PuppyLooksAtTvl
· 9h ago
Agreed, the market is truly interconnected.
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GateUser-4c2c8c4b
· 10h ago
May I ask, besides ENJ and its relative strength or weakness, what other signals do you focus on? Funding rates, on-chain data, or macro factors?
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VineGeometry
· 10h ago
I'm more cautious: a weekly bullish trend is fine, but if the daily chart consolidates for too long, altcoins that rise quickly may also give back gains even faster.
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