That is played out but too much late 😂

Currently the market is taking corrections. Everyone wants to know what will be the BTC and Altcoins next move? Okay do not worry, in that article we will discuss it all. Here are the things we are going to discuss in today's article:
BTC Technical AnalysisBTC DominanceUSDT DominanceSOL AnalysisWrap Up
$BTC has reached its critical zone from where it can bounce back or breakdown can cause a drop up to $100K or $98K
BTC is testing the 2024 ATH if that is just a retracement then #bitcoin should close today candle above $111,000 
If we have entered in short term bearish market already then today closing is expected below $108,500
An upward spike to 113K or 114K can be exit opportunity

Before I start talking about ALTs I want to be clear that analysis is just for educational purposes not financial advice so do your own research before investing.
BTC Dominance
First of all let’s talk about #BTCdominance . BTC Dominance has reached it’s horizontal support area. It is the area from which it bounced and rejected when it was above or below respectively. As currently it is above so it will take bounce from here or break it down and start #Altseason .

I can not say it will break that zone and ALT Season as I can not see the future. But I can say till it holds that zone there is no ALT Season I mean rally in which ALTs will bounce 50% - 70% averagely. If we see 1 or 2 weekly closing below that is around 57.5% we will see more bounce in alts. So what should we do right now?

If we look closely % always deviated the support zone means fakeout. So if it do this time again likely drop below 57.5% take exit from and do not buy until it reaches its resistance or show bearishness mean further fall by closing below 57.5%.
USDT Dominance
If we look at USDT Dominance chart it is clearly showing both BTC and ALTs are at the verge of downfall as whenever USDT Dominance starts rising we saw fall in both BTC and ALTs. Same thing is expected now.

Right now USDT Dominance is getting support from it’s weekly support. On the same side, trying to close above low resistance but unable to do it. So if it retest up to 4.20% due to that lows rejection we can see some move in alts that will be an exit opportunity from the market in my opinion. After that both in BTC & USDT Dominance a spike is expected that will rug booth BTC and ALTs.
SOL Analysis
$SOL is holding that bull curve very well. Till we are above it we are bullish . As we bought #sol at $198.50 last time so we are now in loss and finding a point where we can take exit.

In my opinion if we get a spike up to $205 and $215 take exit partially that spike will be due to BTC Dominance fakeout and USDT Dominance. If we see downfall up to 170 region before above mentioned t.p just DCA and take exit at breakeven.
Wrap Up
If we mix up all the above things we can say a very short term bullish move from here is expected, treat it as an exit opportunity and wait for a correction that will give the best entry for mid term. Expected bullish move is within this or next week. Around the rate cut we will start seeing corrections that can bring SOL back to 150 and $ETH to 3800 - 3500. Many alts can drop up to 30% - 40%. So prepare yourself for that dump so you can buy cheaper.
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