BTC Dominance Analysis – 1D

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BTC Dominance Analysis – 1DMarket Cap BTC Dominance, %CRYPTOCAP:BTC.DcryptodailyukπŸ“Š 1. Main Trend BTC.D is still moving within a large, ascending trend channel (yellow lines). The price has currently rebounded from the lower band of the channel and is heading towards its center. The long-term trend remains bullish, but short-term momentum is weakening. πŸ“ˆ Key Levels on the Chart Supports 59.20% – currently tested support + EMA 50 and SMA 50 β†’ a very important level. Its loss = downward pressure on BTC.D, favorable for altcoins. 58.24% – next strong support level β†’ if 59.20% falls, a move to 58.24% is very likely. 57.05% – key structural support β†’ breakout = the ascending trend is broken, altcoin season is off to a strong start. Resistance 60.87% – local resistance from multiple candles + MA/EMA crossover 61.65% – strong upside target 64.68% – trend extreme (upper band of the channel) β†’ if BTC moves solo, this level will be tested. πŸ”΅ EMA / SMA 50/200 I can see a few key things in the screenshot: The 50 EMA is below the 200 EMA – technically a death cross β†’ a short-term bearish structure. The price is exactly below the 200 EMA and stuck to the 50 EMA. β†’ this is a typical consolidation zone before a breakout. Conclusion: If BTC.D breaks 60.8% β†’ momentum returns to BTC's side. If it falls below 59.20% β†’ altcoins receive a signal to rebound. πŸ”΄ MACD The MACD is above 0, but the crossing line is bearish (the blue line crosses the signal from above). The histogram turns red. Conclusion: Momentum is decreasing β†’ a short-term bearish signal. 🟣 RSI RSI is around 53, which is neutral. A downward breakout of the MA onto the RSI β†’ a weakening impulse. Conclusion: The RSI does not support a strong move either up or down β€” but the slight slope suggests a correction. πŸ“Œ SCENARIOS 🟒 Bullish (pro-BTC) Condition: 60.8% breakout ➑️ Targets: 61.6% 64.6% (channel top) This means: ➑️ BTC dominates the market ➑️ ALTs are bleeding or stagnating πŸ”΄ Bearish (pro-alts) Condition: 59.20% breakout ➑️ Bearish targets: 58.24% 57.05% β†’ and this is where the real alt season begins This means: ➑️ Alts are starting to pump harder ➑️ BTC is losing dominance 🟑 Neutral / sideway BTC.D between 59.2% and 60.8% β†’ range consolidation, lack of major market decision β†’ typical for periods when the entire crypto market stands still and "waits"