While the money flow in the cryptocurrency market is expected to shift from Bitcoin (BTC) to riskier assets such as meme coins, there is also the possibility of the opposite situation.
On-chain analysis platform Santiment uses bull market data In which direction the money in the cryptocurrency market can flow guess about found.
Under normal circumstances, Bitcoin in periods when it exceeds resistance levels of money flows into riskier assets like meme coins While it is stated that It won’t always work this way reminded.
If the expectation prevails that money will flow into risky assets such as meme coin after Bitcoin’s resistance levels are crossed and small investors to get ahead of whales It was stated that this situation could backfire if people flock directly to meme coins.
If such a scenario occurs, Bitcoin’s expectations acting in reverse Santiment said that it will gain more market dominance. warned investors to be careful:
Previous examples of resistance levels being breached throughout this bull market typically led to Bitcoin profits flowing into more speculative assets. But if smaller traders try to beat the whales and rush into the meme coins, it could all backfire and Bitcoin dominance could continue to rise.