According to Cas Abbé, today's cryptocurrency market saw significant sell-offs in altcoins, with most dropping between 10% and 15%. BTC dominance surged to its highest level since May 8, indicating a strong shift of capital into Bitcoin (BTC) while altcoins underperformed. The others/BTC ratio hit another cycle low, underscoring continued weakness in the altcoin sector. Traders should note that, with BTC still trading above $104,000, market momentum remains heavily concentrated in Bitcoin, suggesting caution for altcoin positions and increased focus on BTC trading pairs. (Source: Cas Abbé on Twitter)

According to FireCharts (source: mi1.pw/fcbtgad), traders can now access comprehensive real-time order book and order flow data for hundreds of USDT and BTC trading pairs. This tool enables crypto traders to visualize liquidity, spot large buy and sell walls, and analyze market depth, which are critical for making informed entry and exit decisions. FireCharts offers multiple versions to suit different trading strategies, enhancing precision in short-term trading and scalping. Real-time order flow insights help traders anticipate price moves and manage risk based on current market activity.