Everyone’s asking — “Are altcoins dead?” Let’s be clear: Not yet.
Right now, Bitcoin keeps pulling back after small gains. And every time that happens, altcoins take a bigger hit. Nobody's making easy profits with alts — and that's exactly how it felt before previous bull runs too.
In every past cycle, we saw this same pattern:
$BTC leads the move Long-term holders dominate THEN altcoins go parabolic once $BTC peaks
The data shows we’re in that mid-to-late stage right now. Smart money is holding. Retail is out. Altcoins are oversold.
✅ This is not the time to give up. The real altseason starts when $BTC breaks out big and dominance drops. And that moment could be closer than most think.
Stay focused. Stay patient. Altcoins could still surprise everyone.
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Keeping a close watch on $WCT – it's in a tight range If support holds, we're looking bullish But if it breaks down, the bears take control I'm prepared for whatever comes next Let’s trade — eyes now on $WIN
BTC Dominance has broken down from a rising wedge pattern with significant volume, indicating potential weakness. It is currently trading within the Ichimoku Cloud, which is acting as a key support zone.
A clear breakdown below the cloud would signal further downside in dominance. This could trigger another bullish rally in the altcoin market—watch closely for confirmation. It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
The S&P 500 is consolidating within an ascending broadening wedge pattern, with both the 21MA and 50MA showing bullish momentum. This setup suggests the potential for further upward movement in the short term.
A breakout above the wedge would invalidate the bearish implications of the pattern. However, a breakdown below the moving averages could signal the start of a downward trend.
Notably, the S&P 500’s price action often aligns with cryptocurrency market trends, making it a crucial indicator of broader market sentiment.
USDT Dominance is currently being rejected from the resistance trendline of a descending triangle pattern, with the Ichimoku Cloud acting as a resistance barrier above the price action.
A confirmed breakdown below the pattern could trigger further downside. Monitor closely for a decisive breakout or breakdown to determine the next move.
Given USDT Dominance’s inverse correlation with the broader crypto market, a decline here may indicate strengthening bullish momentum across the crypto space.
Bitcoin is consolidating within a descending channel and currently facing rejection from the resistance trendline.The 50MA and 100MA are providing strong support below the price action.
A breakdown below this support may lead to further downside, while a bounce could trigger a potential breakout. A confirmed breakout of the channel would signal a shift toward a bullish trend—closely monitor this setup.