Bitcoin is handing market share to Ethereum and to stables.
BTCDOM ๐ป ETHDOM ๐ข USDTDOM ๐ข
Dominance never sits still. On DomFi you can trade every leg of the rotation.
BNB closed up +8.10% on price last week
Its dominance? +11.21%
Dominance outran price. That's what BNBDOM / $BNB.D tracks: BNB's share of the total crypto market.
When do you trade it? Around catalysts like this, and the levels they push into.
BNBDOM is holding above the 3.50% breakout base with 4.00% overhead. That resistance has been tested twice and rejected both times. A break through 4.00% is the level to watch.
You're not predicting BNB's price. You're predicting whether it keeps taking market share from the rest of crypto.
Last week BNBDOM +11.21%, BNB price +8.10%. Dominance outran price.
Does binancecoin:native keep taking market share this week? Drop your prediction๐
BNB Dominance has been on a tear ๐
BNBDOM is testing the 4.00% line. Where does it close this week?
๐ด Under 4.00%
๐ข Over 4.00%
Reply with your exact end-of-week close price. 5 closest calls win 1,000 dfPOINTS each.
Dominance is the clearest relative-value metric which the market produces.
Every trader has a take, but none could ever have a position.
We changed that.
Long USDTDOM when:
- markets look shaky and you want a hedge
- macro headlines turn risk-off
- a liquidation cascade is starting
Short USDTDOM when:
- confidence is coming back
- ETF flows turn positive
- alts start running again
FOMC Minutes drop Wednesday. Hawkish read opens the path to 7.65%โ7.80%. Dovish read puts 7.35% back in play.
Trade the read: https://t.co/q8HmZv61GR
USDTDOM / $USDT.D going up usually means crypto is going down.
CPI came in hot, Powell handed the chair to Warsh on Friday, and Fear & Greed slid from 48 to 28.
Dominance saw it first.