🔍 ANALYSIS OF BTC DOMINANCE – D1 FRAME
1. Technical Structure
BTC Dominance is testing the strong resistance area around 62.65% after a sharp decline earlier.
The chart is showing a pullback pattern towards the old resistance after the breakdown, indicating the market's potential technical rebound.
2. Observation Area:
Main resistance: 62.5% – 63% (dark blue box) → high chance of rejection.
Near support: around 60.0% – 60.2% → if this level is lost, the downtrend will continue strongly.
The long-term upward trendline has just been broken, BTC.D may retest the trendline and then continue to drop deeper.
3. Trend Forecast:
BTC.D is likely to be rejected at the 62.65% level, then drop back.
If the support level of 60.0% is breached, BTC Dominance could sharply decline to lower levels (the yellow area below).
📌 CONCLUSION & IMPACT ON THE MARKET
🔻 BTC.D decrease → capital tends to leave BTC and flow into altcoins.
✅ If BTC.D continues to drop sharply, Altcoin Season may begin – especially for mid-cap and low-cap coins.
⚠️ Need to monitor BTC.D's reaction around the 61.0% area – if it breaks, capital may shift strongly to Altcoins in the short term.
