Fun

Must-See Crypto Charts: Analyst Reveals What You Can’t Afford To Miss

News Feed - 2025-01-31 02:01:17

Este artículo también está disponible en español.


In a market breakdown shared on X, independent trader and Zero Complexity Trading founder Koroush Khaneghah points to a handful of critical crypto charts that he believes could dictate the next major market move. Khaneghah, who has invested in over 50 startups, emphasizes that the charts for BTC/USD, BTC Dominance (BTC.D), TOTAL2, ETH/BTC, and SOL/BTC provide invaluable insights into the crypto market’s current condition and possible future shifts. BTC/USD: Defining The Crypto Market


Khaneghah identifies BTC/USD as the yardstick for gauging what stage of the bull run the market might be in. According to his view: “This decides what stage of the bull run we’re in.

– Breaks above ATH resume the bull run

– Consolidation below ATH -> Altcoins enter accumulation zones

– Major structural breaks -> Time to turn bearish”


He suggests traders begin by determining which of three market environments Bitcoin is in: a raging bull market, a consolidation phase, or a structural downturn. Currently, Khaneghah sees BTC/USD “ranging below all-time highs, coming off some major uptrends,” which often presents either a catch-up scenario for altcoins or a prolonged accumulation phase ahead of Bitcoin’s next attempt to break all-time highs. Bitcoin price analysis, 1-day chart | Source: X @KoroushAK BTC Dominance (BTC.D)


To clarify whether altcoins are poised for a significant move, Khaneghah turns to BTC Dominance. As he explains: “BTC.D (bitcoin dominance) tracks Bitcoin’s share of the total crypto market cap. “Increasing Dominance = BTC outperforms and altcoins lag (same for upside and downside). Decreasing Dominance = BTC cools off and money flows into Altcoins.” BTC.D, 1-week chart | Source: X @KoroushAK


Dominance rising typically means Bitcoin is absorbing the bulk of market liquidity. Meanwhile, a drop in BTC.D often suggests altcoins are about to see greater inflows of capital. Crypto Market Cap Excluding Bitcoin (TOTAL2)


The TOTAL2 chart, which excludes Bitcoin from the total crypto market capitalization, is key to analyzing altcoin behavior. Khaneghah advises: “When BTC.D Falls, TOTAL2 increases because capital is rotating into altcoins. When TOTAL2 breaks out, look for longs on the strongest altcoins, rotate out of Bitcoin, and shift capital into alts again.” Crypto TOTAL2, 3-week chart | Source: X @KoroushAK


He stresses that the highest probability trades come from identifying moments when the market rotates away from Bitcoin. In these instances, traders might see stronger returns by entering altcoin positions rather than remaining primarily in BTC. ETH/BTC


Khaneghah underscores that ETH/BTC is a helpful barometer for broader altcoin sentiment: “The best altcoin plays happen when ETH/BTC stops trending downwards because the market confidence in alts returns here.” ETHBTC, 3-week chart | Source: X @KoroushAK


When Ethereumis outperforming Bitcoin or stabilizing against it, it generally sparks confidence that altcoins could experience rallies, often referred to as “altseason.” SOL/BTC


Khaneghah also shines a spotlight on SOL/BTC, suggesting that Solana’s performance relative to Bitcoin could reshape altcoin capital rotation: “I don’t normally look at this but a comparison helps decide if the money rotation has a better reward within the SOL ecosystem or ETH. People will think SOL has ‘pumped already’ but I like buying coins with strength, rather than buying coins that might catch a bid.” SOLBTC, 1-week chart | Source: X @KoroushAK


While Solana has posted significant gains, Khaneghah believes its strong performance could continue. He notes that if Solana keeps outperforming Bitcoin, some capital might shift away from ETH, potentially amplifying activity across the SOL ecosystem.


At press time, BTC traded at $105,026. BTC price, 4-hour chart | Source: BTCUSDT on Tradingview.com Featured image from Shutterstock, chart from TradingView.com

News Feed

Inter-American Development Bank to Pilot Land Registries on Blockchain
After years of talking about it, the Inter-American Development Bank is for the first time testing out a blockchain for land registries. Next month, the global organization will emb
New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation Regulations
New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation Regulations A special council under Ukraine’s securities regulator will be tasked to develop rules for cry
Amid US Postal Service ‘Crisis’ USPS Files Patent for Blockchain Mail-in Voting Scheme
Amid US Postal Service "Crisis" USPS Files Patent for Blockchain Mail-in Voting SchemeThe United States Postal Service (USPS) is falling apart at the seams and many Americans are bl
Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat
Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat Just days after the conclusion of its long-running feud with the Office o
BlackRock ETF close to overtaking Grayscale, despite second-lowest daily inflows
Zoltan Vardai12 hours agoBlackRock ETF close to overtaking Grayscale, despite second-lowest daily inflowsBlackRock"s IBIT ETF could soon flip Grayscale"s GBTC, to become the largest ETF by Bitcoin holdings.1898 Total vie
US Justice Department charges KuCoin and two founders with violating AML laws
Turner Wright8 hours agoUS Justice Department charges KuCoin and two founders with violating AML lawsKuCoin founders Chun Gan and Ke Tang remain at large, according to DOJ officials, who unsealed an indictment against th
Decentralised Metaverse Socialfi Platform Boom Enables NFT Display in Its App
Decentralised Metaverse Socialfi Platform Boom Enables NFT Display in Its App sponsored While the latest news and information about cryptocurrency & NFT projects are better known th
Get out of paying taxes? It's largely possible if you're an expat
Editorial2 hours agoGet out of paying taxes? It"s largely possible if you"re an expatDid you know it"s possible for expats to mostly get out of paying U.S. taxes? We spoke with four tax professionals to get this and othe
Massive 70 MW Bitcoin Mining Rig Shipped to Russia
Massive 70 MW Bitcoin Mining Rig Shipped to Russia Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be t
US Presidential Election Unlikely to Alter Bitcoin’s Path: Analyst
US Presidential Election Unlikely to Alter Bitcoin"s Path: Analyst Crypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change
Kenya Central Bank Governor: Low Smartphone Penetration Working Against Plan to Launch CBDC
Kenya Central Bank Governor: Low Smartphone Penetration Working Against Plan to Launch CBDC According to Patrick Njoroge, the governor of the Kenyan central bank, the significant n
Lawmaker Presents Bill to Regulate Cryptocurrencies in Panama
Lawmaker Presents Bill to Regulate Cryptocurrencies in Panama A Panamanian lawmaker has introduced a bill to regulate cryptocurrencies in the National Assembly. Among the proposals