Bitcoin Dominance

The main reason why I am not taking Longs on altcoins from the current levels is the dominance of Bitcoin. A bullish wedge has formed on the weekly timeframe, which has currently broken upwards. I would like to see at least a retest of the breakout and a move towards the lower boundary (white) on the 4-hour timeframe (around 58%) before we can talk about Longs on altcoins. For now, I am observing.