Market Cap BTC Dominance, %

BITCOIN DOMINANCE Update (12H)

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This analysis is an update of the analysis you see in the "Related publications" section

After hitting the two resistance lines marked on the chart (yellow circle), we saw a reaction, but it doesn’t seem like the trend has changed.
There’s a possibility that a double top could be forming on the dominance chart.

This suggests that selling pressure on altcoins may continue until this index approaches its peak zone.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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