Brief overview of different dominances
Bitcoin Dominance
The price is at the lower boundary of the Bearish wedge. I am watching the developments; there is a possibility of moving towards the upper boundary.
Ethereum Dominance
The situation is predictably the opposite of Bitcoin dominance. It is in the middle of the figure, and I fully expect a decline to the EMA50 or even to the lower boundary. I am observing.
Solana Dominance
I rarely look at this chart, but there is currently a lot of hype around this coin, so I decided to take a look. A pattern of a head and shoulders is visible on the daily timeframe, not without violations, but still... the neckline has already been broken, and it is currently retesting the breakout.
Dominance of major stablecoins and Bitcoin.
A new metric for me, but in this situation, it won't be redundant. It is directly opposite to the growth of altcoins. The price has also formed a bullish wedge and is in its middle.
Regarding dominances in general.
It is clear that uncertainty rules the market; everything has frozen in the middle of figures, and the next movement is most likely to be a resolution.