$BTC DOMINANCE ANALYSIS

BTC Dominance has broken down from the rising wedge pattern with significant volume, signaling potential bearish momentum. Currently, it is rebounding from the 100-day moving average, which is providing support, while the 50-day moving average is acting as a resistance overhead.

A breakout above the 50MA could trigger further upward movement, while a breakdown below the 100MA would confirm continued downside. Monitor price action closely as these levels will determine the next directional move.

Keep in mind, BTC Dominance often moves inversely to the altcoin market cap—continued weakness here could favor altcoin performance.