Altcoin Season Alert!
The BTC Dominance chart is showing a sharp decline, currently hovering around 63.12%, having broken multiple support levels (S1, S2, S3) and tapping near S4 on the 4H timeframe.
This signals a shift in market strength from Bitcoin to Altcoins — historically a strong indicator of potential green days ahead for the alt market.
Caution for Short Sellers: With BTC.D slipping rapidly, aggressive shorting of alts could be risky. Altcoins might start outperforming as capital flows away from BTC.
Stay sharp, manage your risk, and ride the alt wave wisely!
