BTC Dominance is  key in crypto 

61.62%, with a daily drop of -1.00%.

The trend is clearly bearish, indicated by a strong red candlestick breakdown. Break of Support Level:

A significant horizontal support zone has been broken, confirming bearish momentum.

This area previously acted as a consolidation zone around ~62%. Next Key Level

The chart is pointing toward a possible bounce zone at around 60.21%.

This level was a past support zone, so it’s expected to either act as.

A temporary support (bounce).

Or fail, potentially triggering a sharper decline. Bearish Structure:

The red projection arrow indicates continued downside, followed by a potential short-term bounce.

This implies altcoin strength may rise in the short term if BTC.D continues to fall.

📈 What This Implies:

Bitcoin Dominance Falling = Altcoins likely gaining strength relative to BTC.

Traders might interpret this as a sign to:

Rotate into altcoins (especially ETH, SOL, etc.).

Wait for a bounce at 60.21% to reassess BTC strength.

 Possible Next Moves:

Bounce from 60.21%: Watch for bullish price action or reversal candles.

Break below 60.21%: Could signal a bigger alt season or further BTC weakness.

Retest of broken 62% support: If BTC.D retests and rejects here, further downside becomes more likely.  

#BitcoinDominance #Square  #ETHBreakout3.5k  #CryptoAnalysis2025