$BTC DOMINANCE ANALYSIS
BTC Dominance has broken down from the rising wedge pattern with strong volume, signaling potential bearish momentum. It is now hovering just above the Ichimoku Cloud, which serves as a critical support zone.
In the short term, a retest of the wedge breakdown is possible, which could trigger a minor correction in the altcoin market. This move would be worth monitoring closely.
If BTC Dominance falls below the Ichimoku Cloud, it would confirm further downside pressure—potentially sparking a stronger rally in altcoins, as BTC Dominance typically moves inversely to the altcoin market cap.