$BTC #BTCDOM I want to show the weekly chart of Bitcoin dominance. Where the arrow is drawn, there is the chart of the decline in Bitcoin dominance (the second half of November to the beginning of December). At that time, $XRP shot up x10, followed by all altcoins and memes. That was the very alt season. BUT at that time there were news that corresponded to such a jump (Trump's victory and the promise to replace the head of the SEC with someone more loyal to the crypto market).

Now, what we see I consider an anomaly, there are no news regarding the crypto market, even interest rates have not changed. If we compare the decline in dominance on the weekly chart during the alt season and now, then these three days created a much longer candle than the half-month candle of the alt season. In my opinion, this looks very much like a trap. So be careful with high leverage in long positions.