🔍 Analysis Update on ETH – BTC Dominance – Market Overview

💥 I expected the candle to break through the $4,000 level of ETH, but the market couldn't maintain momentum due to strong profit-taking in the overbought region (high RSI) – especially on the 1D and 3D frames. The price is currently pulling back to retest important support in the large triangle pattern, which had previously been clearly defined.

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📉 $BTCDOM (Bitcoin Dominance):

• The oversold region on both the 1D and weekly frames is signaling a recovery.

• Just broke through H6, approaching H8 support (double bottom) – this is a potential area for a bounce.

• If BTCDOM recovers → altcoin market share weakens → need to be cautious with alt.

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📌 Short-term Strategy:

• ETH is in the support zone of the large triangle, but this area can be noisy due to the volatility of BTC DOM. It’s easy to sideway and retest nearby resistance.

• Should not chase Longs at this moment when the recovery signal is not clear, and the market is about to enter a strong news volatility zone.

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🧠 Note on Market Sentiment:

• Investors are waiting for news from the financial policy meeting – there is a high possibility that prices will move ahead of the news in line with market expectations.

• Therefore, it is advisable to avoid FOMO, set stop loss carefully, and prioritize trading after receiving clear confirmation from price action.

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