⚠️⚠️⚠️⚠️BTC Dominance — a critical moment for altseason
After a powerful surge of ETH against BTC, Bitcoin's dominance has sharply dropped and is currently hovering in the middle of the range.
If BTC.D returns to the upper limits, it will confirm that the rise of ETH/BTC and altcoins was just a short squeeze — and Bitcoin will again become the main player.
But if altcoins in pairs with BTC show strength, there is a chance of movement towards the lower boundary — around 60%. This would be quite a solid reversal in favor of altcoins.
For now, the market is holding its breath in anticipation of Bitcoin's next move. In the short term, it is not the best zone for betting on ALT/BTC — it is better to observe and wait for confirmations.