Three potential low markers on the 8-hour timeframe for BTC have been identified. The screenshot shows that last time they resulted in a rise of 3.6%. From the closing of the third candle to the high. But it wasn't without difficulties - the low was rewritten in the process.

Now the low, let's remind, is $108,666.

The 8-hour timeframe for the effectiveness of extreme markers is not the same as the 12-hour one, where the probability is not just high, but enormous. However, the signal is worth considering.

True, the price of #BTC has broken the recent uptrend on the 5-minute timeframe. As long as there is no return to the growth structure on the 5- and 15-minute timeframes, the low markers on the 8-hour timeframe will be of no use.

It is worth noting that just now BTC dominance has fallen back into a stable downtrend on the 2-hour timeframe. It is hard to believe that further decline in dominance would be possible with a falling Bitcoin itself. However, within the framework of at least a rebound in its price - quite possible. This means that regarding dominance, there is an indirect argument for at least a local rebound.

Dominance is approaching the level of 58.08%, which by our estimation separates the market from a full-fledged altseason. To continue, this level needs to be broken, and we need to see the breakdown of the stable uptrend in dominance on the 3- and 4-hour timeframes. What is happening now is essentially the same, with breakdown levels close to 58.08%.