🚨 BTC Dominance - Market Update ⚠️

BTC Dominance is currently trading around 63.18%, showing renewed strength after bouncing from the 62.00%–62.20% demand zone. The price is now testing the 63.16%–63.46% supply area, which has acted as resistance in previous attempts. This level will be crucial for determining the next short-term move.

📌 Current Market Structure:

✅ BTC Dominance respected the 62.00%–62.20% demand zone with a strong bounce, indicating buyer interest

✅ Price is currently facing resistance at the 63.16%–63.46% zone, where previous rejection was observed

✅ A clean breakout above 63.46% may open doors toward the upper supply region near 64.50%

🔹 Resistance Zones:

63.16%–63.46% (current supply zone), 64.80%–65.00% (major upper resistance)

🔹 Support Zones:

62.00%–62.20% (recent bounce area), 61.00%–61.20% (lower demand zone)

📉 Bearish Scenario:

If BTC Dominance fails to break above 63.46% and shows rejection, it may revisit the 62.00%–62.20% zone. A confirmed break below this support can extend the move toward 61.00%–61.20%, possibly giving altcoins more room to breathe.

📈 Bullish Scenario:

If BTC Dominance holds above 63.16% and pushes through 63.46%, it would confirm buyer control, potentially targeting the 64.80%–65.00% resistance zone and reducing momentum for altcoins.

📊 Conclusion:

BTC Dominance is at a key decision point between supply and demand zones. Price action around the 63.46% level will likely dictate short-term trend strength. As long as it remains above 61.00%, the overall bullish structure remains valid.