🧭 Market Outlook
BTC Dominance (BTC.D) remains in an uptrend channel → investors still favoring
BTC over alts.
📉 From Jun 28 to Jul 18, BTC.D dropped -7%, fueling a solid rally in ETH & alts.
⚠️ BTC.D may bounce back if it fails to break the key support (breakdown line/golden circle). Next resistance zone: 70.48%–73.82%. If this plays out → alts may lag during BTC pumps & dump harder on corrections.
🌊 Altseason only if BTC.D breaks down decisively.
But not all alts will fly. Be selective — don’t go all-in on a single coin. 🧠
BTC Dominance (BTC.D) remains in an uptrend channel → investors still favoring
BTC over alts.📉 From Jun 28 to Jul 18, BTC.D dropped -7%, fueling a solid rally in ETH & alts.
⚠️ BTC.D may bounce back if it fails to break the key support (breakdown line/golden circle). Next resistance zone: 70.48%–73.82%. If this plays out → alts may lag during BTC pumps & dump harder on corrections.
🌊 Altseason only if BTC.D breaks down decisively.
But not all alts will fly. Be selective — don’t go all-in on a single coin. 🧠
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.