🔥Technical analysis for today

🟢BTC, key upward trend - breakout, consolidation, retest - has occurred. This is locally negative, provided the level of 104,800 is broken and consolidated below. A local downward trend has formed, which now plays the role of pressing the price to the level of 104,800. The unloading of margin long positions has not yet occurred, which hinders the continuation of growth. A new growth phase will begin after the breakout of this new downward trend, see the chart.

🟢 Outflows from exchanges exceed inflows by 1%, amounting to 3,000 BTC.

📈Altcoins, local flat continues. The main growth in altcoins will begin after the start of Bitcoin's dominance correction. Other data indicates that the cycle is not yet complete, growth in altcoins will occur but not for all!!!!