Part 4/8:
A fundamental part of successfully navigating the altcoin market is using indicators that reflect the broader market sentiment and price action. Here are several important indicators to monitor:
1. Global Liquidity
The trend of global liquidity directly affects Bitcoin and, consequently, altcoin prices. Historically, during a liquidity expansion, Bitcoin's price tends to rise. As liquidity begins to contract, it may be a warning sign to start taking profits from altcoin holdings.