[Analysis of BTC/USDT 4h & BTC.D]

BTC has just broken EMA99 ($115,800), currently holding above all 3 EMAs (7–25–99) → Short-term trend is bullish. The price has hit resistance at $117,630, slightly correcting around EMA7 → reasonable buying zone is $115,800–$116,000, SL below $115,400.

Trading volume shows strong buying pressure around $116,000–$116,500, but strong selling pressure in the $117,600–$118,000 range. If this range is exceeded, BTC could test $120,000.

Notably: BTC Dominance is sharply decreasing to ~60–61%, the lowest in many months → indicating that money is flowing out of BTC and gradually moving to altcoins.

Combining technical analysis and sentiment, two scenarios may occur:

1. BTC holds well around $116K, but does not exceed $118K → Altcoins attract significant investment → beginning of Altseason.

2. BTC exceeds resistance at $118K and BTC.D reverses to increase again → new bullish wave for BTC.

In summary: It is still possible to look for BTC purchases around $116K, but prioritize monitoring altcoin cash flow if BTC.D continues to decrease. #btc