Türkçe
Español
Time is flowing swiftly, and it has been two months since Trump took office. Traders continue to experience losses in altcoins. Although the cryptocurrency market may seem like an easy profit-making avenue, it is highly risky, and investors are being reminded of this yet again. In this context, Moustache’s recent update highlights crucial details for altcoin enthusiasts.
Altcoin Market Insights
Many metrics indicate that the cryptocurrency market may be reaching its terminal phase. Ki Young Ju has announced that Bitcoin 
$103,759 bulls are facing a significant gap of 6-12 months. Are cryptocurrency trends always as expected? If they were, the unexpected protective tariff discussions would not have impacted the risk markets as they currently do.
Despite signals pointing towards the end of bullish trends in cryptocurrencies, this is primarily fueled by macroeconomic pressures. As of April 2, we may witness a rapid shift in sentiment due to tariffs stabilizing and the rhetoric surrounding the global trade war calming down.
Experienced traders recall substantial rises following significant declines. Conversely, everyone tends to notice dropping charts when they act greedily and their risk appetite peaks. Moustache’s analysis suggests that BTC’s market dominance has executed its final tests before the anticipated drop, which is certainly encouraging for altcoins.
“BTC Dominance is currently undergoing a back test. In a normal world without price manipulation, this should be a very positive sign for Altcoins.”
Daan Crypto Trades points out two key levels while analyzing the current situation and predicting what lies ahead for investors.
“In terms of BTC liquidity, two levels stand out. Above, $96,000 is important. This marked the peak during the Sunday pressure following the random Strategic Reserve announcement. Liquidity is quite high above this point and I assume there are several short stops above it. Below, local low levels around $75,000 are crucial. This also represents a significant horizontal area and currently serves as the local low point of this correction. As long as we trade between these levels, I expect price movements to be quite volatile, and it wouldn’t hurt to wait for a break at one of these extremes.”
Those looking to mitigate risk might hop on the train even if it’s late, triggered by a break at one of the key points. It’s essential to stick to stop levels to avoid fake breaks.
Dogecoin Analysis
ANBESSA shared expectations and current chart interpretations for several altcoins today. Regarding Dogecoin 
$0.190246, the analyst notes the continuation of the consolidation process. The analyst mentions experiencing disappointment with 5x gains in past cycles while suggesting that more could be on the horizon.
“As you can see, the 3-day 200MA and the middle channel trend line currently provide good support. What we don’t like to see is price movement below fib 0.382, fundamentally under $0.14. No one can take DOGE spot profits from me again. The best possible entry is at 9 cents, along with swing trading. However, after the 5x correction, the last rebound at 26 cents has failed. This is our last chance but also significant support here.”
