Crypto total cap DeFI.D - % of dominance of DeFiLogarithm. Time frame 1 week. Chart. This is the crypto total cap DeFI.D
This is the percentage of dominance of DeFi projects in relation to the entire market. This is a very important indicator for understanding the pump or dump of this asset class. That is, to understand when there will be an alt-season on this group of assets, which will "overtake the market" at a moment in time.
Below is a basic type of asset group grading on tradingview that makes sense to monitor and use as true market indicators. This gives insight into potential asset group pump/dump or market phase shifts. These types of idea are done once and for many years. Because relevance is never lost if you understand the meaning
1) Market capitalization of different assets:
Crypto total cap - total market capitalization of the market in $
Crypto total cap 2 - market capitalization excluding BTC in $
Crypto total cap 3 - market capitalization excluding BTC and ETH in $
2) DeFI projects:
Crypto total cap DeFI - DeFI cryptocurrency capitalization in $
Crypto total cap DeFI.D - capitalization in % terms of DeFi dominance to the market
3) Major Stablecoins:
Market cap USDT - capitalization of USDT in $
Market cap USDT % - capitalization in % expression of dominance to the whole market
Market cap USDC - capitalization of USDC in $
Market cap USDC % - capitalization in % dominance terms to the whole market.
4) Bitcoin
Market cap BTC $ - capitalization of BTC in $
Market cap BTC dominannce % - capitalization in % dominance expression to the whole market.
5) Ethereum
Market cap ETH $ - capitalization of ETH in $
Market cap ETH dominannce % - capitalization in % dominance expression to the whole market.
6) USD index (DXY)
US Dollar cyrrency index - this is the most important indicator of the pump/dump markets as a whole (more globally, not just crypto).
Market cycles are humans behavior, what is displayed on the price chart and which lends itself to cyclical thinking/actions, which shapes the market direction. .
Below I will publish similar ideas - indicators that I have published previously for several years and that for obvious reasons remain relevant. I will also make analysis of new groups of assets by capitalization from the list, which have not been analyzed before. But, I will do all the analysis of instruments only when I have free time.
