Bitcoin ($BTC ) is trading around $112,800, down about 1.6% in the last 24 hours. The price touched a high near $114,600 and a low around $110,000 as traders took profits after recent gains.
⚡ Support sits near $110K, while resistance remains strong at $115K–$117K. A break above could open the door for another bullish leg, but a fall below $110K might trigger deeper corrections.
Overall, the sentiment is mixed but cautious, with traders watching macro signals and liquidity levels closely.
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The ENA/USDT chart is forming a descending triangle, The support zone around $0.27-$0.29 has been tested multiple times and is holding for now. The trendline resistance continues to push the price lower. A break below the support could lead to further downside, while a break above the trendline might shift the trend bullish.$ENA #MetaplanetBTCPurchase
#TradingTypes101 Dominance Retest and rejected 63.86% major Level In cryptocurrency, dominance typically refers to Bitcoin Dominance (BTC dominance), although the concept can apply to other cryptocurrencies as well.
Bitcoin Dominance:
This is a metric that shows the percentage of the total cryptocurrency market capitalization that is held in Bitcoin Why It Matters:
1. Market Sentiment Indicator:
High BTC dominance (e.g., above 50–60%) means investors are favoring Bitcoin, often seen during bear markets or times of uncertainty.
Low BTC dominance (e.g., below 40–45%) suggests investors are putting more money into altcoins, indicating a possible altcoin season or higher risk appetite. $BTC
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