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BTC Dominance is testing a major resistance zone after a sustained rally from late 2024. The structure is showing signs of exhaustion near the 64-65% zone.
🔶 Pattern: Rising wedge breakdown
🔶 Current Action: Retesting broken support zone as resistance
🔶 Key Resistance: 64.5% - 65%
🔶 Rejection zone: Strong supply sitting overhead
Why this matters for Altcoins:
A rejection from this zone could open the door for capital rotation into altcoins.
BTC dominance stalling = potential for ETH, SOL, and midcaps to gain momentum.
If dominance goes down, it may keep altcoin rallies capped for now.
Monitor closely — dominance breakdowns often align with altseason rotations.
💡 Stay patient, stay prepared.
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver!
BTC Dominance is testing a major resistance zone after a sustained rally from late 2024. The structure is showing signs of exhaustion near the 64-65% zone.
🔶 Pattern: Rising wedge breakdown
🔶 Current Action: Retesting broken support zone as resistance
🔶 Key Resistance: 64.5% - 65%
🔶 Rejection zone: Strong supply sitting overhead
Why this matters for Altcoins:
A rejection from this zone could open the door for capital rotation into altcoins.
BTC dominance stalling = potential for ETH, SOL, and midcaps to gain momentum.
If dominance goes down, it may keep altcoin rallies capped for now.
Monitor closely — dominance breakdowns often align with altseason rotations.
💡 Stay patient, stay prepared.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.