BTC Dominance is at 64.00%, slightly up +0.30 points. Capital shows signs of reversing back to BTC in the short term. But will this pull cause Altcoin to... suffocate?
📊 Technical analysis:
🔹 Ichimoku Cloud – Half bullish half bearish signal
• Price is in the Kumo cloud → sideways, the market has not decided where to go
• Blue cloud, slight bullish advantage
• Kijun and Tenkan are about to cross up → suggesting technical rebound strength
🔹 MACD – Sign of revival
• Negative histogram is contracting → selling pressure is weakening
• 2 MACD and Signal lines are curving up → potential for a bullish crossover in the coming sessions
📌 Technical levels to watch:
• Strong resistance: 64.20% and 64.40%
• Support: 63.60% and the bottom of the Kumo cloud around 63.40%
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🔍 Trading scenario:
✅ If BTC.D exceeds 64.20% decisively → capital will flow back to BTC strongly → Altcoin will suffer.
⚠️ If rejected at 64.20% and falls below 63.60% → possibility of initiating a short-term altcoin wave.
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🧠 Action suggestion:
• Altcoin traders should be cautious with long hold orders.
• Strictly monitor break 64.20% – if broken, be careful of BTC pump – Altcoin dump.
• Anyone fully in altcoins → gradually take profits or set defensive stop-loss.
#DolugCrypto #BTCdominance #AltseasonWatch #CryptoStrategy