Market Overview

The market capitalization share of Bitcoin has now fallen below 56%, and the situation is not optimistic; it may significantly decline to 88 or even 78.

ETH Major Resistance (D. Trend Breakthrough) 13.38%

Due to the loss of momentum in ETH regarding Dominion, and the selling pressure from Bitcoin, it has had to follow the decline of ETH.

The downward trend is still continuing. We can say that its movement is now linked to BTC. The bull is unsure when it will walk independently again, but he can understand this through immediate analysis in the coming hours and days.

The situation with USDT is also changing; although there is a slight pullback now, the overall trend is upward. If it can stabilize at the current level, it would be good for the market. However, if it hits the 3.90 point and closes below that for at least 4 hours, the downward trend will begin, which could have a significant impact on the market. If its dominance exceeds 4.19%, it will bring negative effects to the market.

The altcoin market is also not optimistic, with important resistance at 1.11 trillion dollars, and the intermediate resistance at 1.03 trillion dollars; the downward trend has not stopped. There isn't much large capital flowing in right now, but in this situation, some rare coins may see price increases. Be careful, folks, don't rush into altcoins blindly just because you're afraid of missing out on opportunities.