BTC Dominance Analysis (3D)

📊 Current Situation

Currently, Bitcoin dominance is around 60.71%. According to the chart, dominance has broken the upper zone (62%) and has come down to touch the lower support zone (60%). This level has previously acted as strong support in the market.

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🔍 Technical Analysis

1️⃣ Resistance Zone

The upper resistance is around 62% – 62.5%. If Bitcoin dominance crosses this zone again, it will signal weakness of altcoins against Bitcoin.

2️⃣ Support Zone

The lower support zone is at 59.8% – 60%. This is an important level because if it breaks, the next target could go down to 58% – 58.5%, which would increase the likelihood of further pumps in altcoins.

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3️⃣ Market Impact

Support holds → Bitcoin will gain more dominance, and pressure on altcoins will increase.

Support breaks → Chances of an altcoin season or short-term altcoin rally will increase.

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🎯 Trade Setup Hints

Dominance is at support → Altcoin traders should be cautious, as if dominance goes up, there will be pressure on alts.

Confirmation of support break → Opportunity to build strong altcoin positions.

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