📝 Summary of BTC Dominance (DOM) trend
Currently:
BTC.D is currently sideways in the range of 59.2 – 59.8%, after a sharp decline from the peak of 60.7%.
The cluster of candles circled indicates accumulation – struggle: candles with upper/lower shadows, gradually decreasing volume → the market is waiting for a breakout.
Technical indicators
ADX (red ~14.6): Very weak trend, no strong momentum yet.
+DI (green) < -DI (orange): Selling pressure is higher, but not strong enough to push DOM through immediately.
Volume: Gradually decreasing → signaling 'compression of power', likely to have significant volatility soon.
Main scenario
Bearish (priority): If DOM breaks 59.2%, it will drop to 58.8 – 58.5%.
→ Altcoins benefit, may run strong waves.
Bullish: If DOM bounces back above 59.8%, it may retest 60 – 60.5%.
→ BTC attracts capital, altcoins weaken.
Sideways: If ADX continues to be low, DOM will oscillate in the box of 59.2 – 59.8% for a few more sessions.
Conclusion
Short term: DOM is accumulating, direction unclear → need to wait for a breakout at 59.2 or 59.8 to confirm.
Medium term: Leaning towards bearish (bearish bias), as the previous trend was downward and -DI is still dominating over +DI.
Meaning:
If DOM continues to decrease → Strong Altcoins.
If DOM increases again → BTC dominates, Altcoins are likely to be sold off.