A quick follow-up to my previous BTC dominance analysis!
Remember when we talked about BTC at 54% and said 58% could be next?
Well, look where we are now - 60% dominance! Everything played out exactly as discussed.
What this means: - We're deep in the "Alts Bleeding" phase - The 50% danger zone is far behind us - That 54% resistance? Completely crushed - Next major target could be 65%
Real talk: - This is NOT the time for alt trading - Strong alts are barely keeping up with BTC - Weak alts are getting destroyed - BTC is the safest play right now
Keep it simple: If you're still in alts, you might want to reconsider that position. BTC is showing who's boss ""Look at me, I'm the captain now"" , and fighting that trend is dangerous.
Previous analysis was spot on, and the trend is still strong. Sometimes the best trade is staying away from what's bleeding.
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