DOT/BTC has been essentially holding chop along their old original resistance.. to fall below may be a trap to sell and short but it may be a sign of a prolonged bear market
To hold the support now as it has been and has successfully retested (tho weakened with an additional touch) does give me confidence that dot is essentially consolidating for another leg up on a macro level
During this bitcoin strength it has been the Polkadot ecosystem on coingecko that has performed best out of all crypto categories.. this relative strength is another provider of confidence in the relative strength the very large category has
To me it seems BNB has focused on improving the user or consumer experience relative to leader ETH.. whereas the ex CTO of ETH and founder of DOT Gavin Wood seems to have a focus on the creator experience and a higher ratio of credible projects with credible model relative to both leader ETH and esp BNB
To hold the support now as it has been and has successfully retested (tho weakened with an additional touch) does give me confidence that dot is essentially consolidating for another leg up on a macro level
During this bitcoin strength it has been the Polkadot ecosystem on coingecko that has performed best out of all crypto categories.. this relative strength is another provider of confidence in the relative strength the very large category has
To me it seems BNB has focused on improving the user or consumer experience relative to leader ETH.. whereas the ex CTO of ETH and founder of DOT Gavin Wood seems to have a focus on the creator experience and a higher ratio of credible projects with credible model relative to both leader ETH and esp BNB
