Altcoins this is a warning and a very important discussion based on the chart. First of all if we look at ETH’s chart it has clearly outperformed while most altcoins haven’t pumped much. Apart from that only a few specific altcoins have seen a notable move. Altcoins usually pump when both USDT dominance and BTC dominance drop together. If we check both charts after a heavy dump there has been a slight bounce, which has already happened. Now BTC dominance’s next support lies between 57% 55% that’s the zone where altcoins can start performing well. USDT dominance usually follows a similar pattern and its next support is around 3.9%. So keep an eye on both charts. In spot, wherever you see good profits make sure to book them don’t hold blindly.

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