#BTC_D = 57.65%
Traditionally, let's take a look at Bitcoin's dominance. This chart may seem confusing and boring, as it cannot be traded, but it reflects market sentiment and the further growth of altcoins.
✨The price has reached the previously defined level, from which we would like to see a pullback. However, this will only happen with a decline in Bitcoin. Therefore, altcoins may correct in the moment, but then I expect a new wave of growth ⏫
Now is definitely not the time to catch Bitcoin in the air. It’s better to wait for a pullback to support levels ❓
Trading BTC in the current range is not very interesting; objectively, the asset is currently in price discovery. I would pay attention to the top 30 altcoins by market capitalization, where there are not such strong manipulations as in low-cap, and you can find good deals when dominance starts to decline 🚀