🔈Bitcoin Dominance Update

📌Bitcoin dominance continues to trade in this channel. Last night, it attempted to break through the upper resistance but was rejected, leading to a decline toward the channel's lower boundary.

Here's what to watch:

• Downward Break: If dominance breaks below the channel, altcoins are likely to recover quickly.

• Upward Break: If dominance breaks above the resistance, altcoins may face some pressure/weakness.

⚠️Altcoin movements remain uncertain for now because the Bitcoin dominance trade in a channel, so keep a close eye on these key levels for the next big move in Altcoins.

BTCUSDT

Perp

88,114.6

+3.14%

ETHUSDT

Perp

2,975.21

+5.20%

XRPUSDT

Perp

1.9048

+5.50%