๐จ BTC DOMINANCE BREAKOUT โ ALTCOINS ON THE EDGE! ๐ป
#BTC Dominance is on the rise, officially entering the Non-Validation Zone โ the same zone where altcoins previously crashed hard.
These zones were identified by me on May 23, which I shared with the Binance family, and currently BTC #dominance and #altcoins are moving the same way as predicted.
๐ Key Level Surpassed:
2 strong 4H candles have closed above 64.31%, breaking the boundary line that kept hopes of the altcoin rally alive.
๐ Next important level: 65.48% โ once surpassed, expect a massive altcoin crash.
โ ๏ธ Example: If #ETH falls, expect the rest of the altcoin market to suffer a significant loss. Remember, ETH leads the group of altcoins.
๐ก Short-term pain = Long-term opportunity?
With altcoins facing pressure, this could be a prime time for DCA or accumulation for the potential altcoin rally in the fourth quarter. Patience is key.
๐ Stay informed. Trade smartly.
