According to technical analysis, the 'Bull Market Support Band' – the market support zone for bullish prices – consists of the 20-week simple moving average and the 21-week exponential moving average.

Bitcoin Dominance (the dominance index of BTC) has repeatedly bounced back from this zone over the past year.

As long as BTC maintains this support zone, the likelihood of an 'altseason' remains very low. History shows that after each slight adjustment of this index, it quickly recovers.