Smart Money Insights. The market shows mixed signals as price action remains stagnant.
02 Aug 2023, 13:04
🔍 Smart Money Insights 🚀
The market shows mixed signals as price action remains stagnant. Smart Money Stablecoin holdings decline to 10.8%, indicating 90% of their capital in volatile assets. Outflows from exchanges suggest retail selling, while Smart Money fills up their bags.
📈 Recent Token Inflows (24h): ACX, GHO, PAAL, BTRFLY, XBOT
💼 Recent Token Outflows (24h): PEPE, RLB, UNIBOT, PLANÈT, KITTY
🔁 Recent Token Holdings Inflows (7d): MATIC, CRV, LINK, AAVE, STG
🔀 Recent Token Holdings Outflows (7d): SHIB, LDO, CHZ, FTM, SIFU
Another pattern emerges - capital rotation into "higher conviction" coins amid uncertainty. BTC & ETH rise while lower cap alts decline. Historically, BTC surges pre-halving, followed by rotation to alts.
⏳ DCA Strategy Recommended ⏳
Technically still in a bear market despite early bull signs. Smart Money accumulates while retail investors face challenges. Consider Dollar-Cost Averaging (DCA) - accumulate during dips if bullish on future prices. 🚀