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$BTC is now worth about 2× what it was a year ago. On our 365-day ROI indicator, price is approaching the yellow trend line. This level has often aligned with cycle tops in the past - a key resistance to watch. #bitcoin
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$ETH is up about 1.8× vs a year ago on our 365-day ROI indicator. The ROI line is approaching the yellow descending trend line that has capped rallies since 2018. A break above = bullish breakout signal. Rejection = trend line holds as resistance. Key zone to watch. #Ethereum
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The USDT Dominance setup aligns closely with my $BTC Dominance outlook.
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We could be at the early stages of capital rotating back into smaller altcoins. Altcoins outside the top 10 have been crushed vs BTC in the last years. Signals of confirmation will come once we see strength holding above the retracement zone. Please note this is the monthly chart.
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$WLFI is testing micro support
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Bitcoin's Modest Rebound Faces Key Resistance Challenges
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