🩸🩸 BLOOD RED!!! 🩸 🩸
Last night's dump was a complete bloodbath for altcoins.
BTC dominance surged to its highest level since May 8, while altcoins plummeted between 10% and 15% in a single day.
Additionally, other/BTC has just made another lower cycle while BTC is still trading above $104,000.
Now, the only hope is that BTC dominance is retesting a crucial resistance level, and it is most likely to be rejected.
If that happens, I believe altcoins will have a V-shaped recovery within 2-3 days.