Remember what happened on 10/10 last year?
Over $19B in liquidations and altcoins getting wrecked.
October 10 is almost here again. Not saying history will repeat itself, but last year was a reminder of how fast the market can turn.
Be honest, what happened to you on 10/10?
The more I follow markets, the harder it is to look at crypto in isolation.
BTC and ETH can be reacting to the same Fed decision, CPI data or dollar move that is affecting gold, oil, stocks, forex and indices.
That’s why I like the direction BingX is taking with multi-asset access. Having different markets in one place makes it easier to follow the bigger picture without constantly switching platforms.
#BingX #MultiAsset
NFP is the key event today.
Markets are expecting a softer US jobs report, which could impact the dollar and Treasury yields.
Gold will be one to watch closely. A weaker than expected NFP could support Gold, while a strong print may put pressure on it.
Volatility is likely.
The next altcoin rotation might look very different from the last one.
New narratives, new leaders, new liquidity.
The real opportunity may be finding the projects people aren’t talking about yet.
Don’t chase the narrative after it’s already everywhere.