$BTC DOMINANCE IS DROPPING 🔥
ITS FORMING EVENING STAR CANDLE
PATTERN WHICH SHOWS A REVERSAL
IN TREND.
MONEY IS NOW FLOWING IN ETH AND
SOON IT WILL FLOW IN ALTS.
GET READY FOR ALTSEASON 2.0
You're spotting a classic pattern that gets crypto traders excited—falling $BTC dominance, a potential Evening Star reversal on the chart, and capital rotation into ETH and altcoins. Here's a quick breakdown of what this could mean:
Evening Star Pattern on BTC Dominance: This is a bearish reversal pattern, typically signaling a potential top in dominance. If confirmed, it suggests BTC might start underperforming relative to other assets.
Strengthening: Often the first sign of capital rotating from BTC to the broader market. ETH usually leads the way before full-blown altseason.
Altseason 2.0?: If ETH continues gaining and BTC remains stable or slowly declines in dominance, alts (especially mid and low caps) might start popping off next.
Caution: Always watch for confirmation and volume. False breakouts and fake reversals are common in crypto.
Would you like a visual chart breakdown of the Bitcoin dominance pattern or a list of top altcoins to watch right now?