My11Circle 🔵🎩
@my11circle
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Dominance update
BTC just made a new ATH, but ETH and alts are still flat. Dominance is now at 64% — a zone where it has faced multiple rejections in past- If we see another rejection here, a strong rally in ALTS could be on the way. Right now, BTC is pumping,
but altcoins
we’ve seen this before: Whenever dominance pumps near this zone,
ETH and altcoins start lagging heavily.
Here are the most likely scenarios
1⃣If BTC sees a pullback from here
and dominance doesn’t get rejected,
altcoins could see a sharp 15–20% correction.
2⃣ If BTC continues to rally beyond ATH & dominance breaks out of 64% resistance zone convincingly, it signals a BTC-led mega rally. Here's what that implies:
Altcoins will underperform in both USD & BTC pairs
ETH/BTC likely breaks key support, showing further weakness in ETH.
Clearly, we need a rejection in dominance for alts to rally.
But even if we don’t get it now, don’t panic — Higher the dominance goes, the bigger the altseason that follows. 0 reply
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