$BTC Dominance has slipped out of its ascending triangle structure and is now hovering just above a key horizontal S/R zone.
Holding this level could trigger a short term bounce in dominance.
But caution is warranted the Ichimoku Cloud is pressing from above, acting as a strong resistance layer.
A clean break below the S/R zone may open the door for deeper downside.
$BTC Dominance typically moves inverse to the altcoin market cap, so any weakness here can give altcoins extra breathing room.
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