$BTC

The BTC dominance chart has reached the level of 59.12, which is in line with the

Fibo level of 61.8 - the so-called golden level. BTC has fallen to around 96,000 USD, i.e. to the level where institutions have made their

largest purchases. Bears probably cannot expect this level to be breached in the long term.

However, it seems that dreams of BTC dominance falling to 50% are a pipe dream during this bull market. The maximum level is

probably 52%.

Why - $ETH is not coping systematically, it is under pressure from

Byzantine spending by people and institutions managing the eth ecosystem. Investors will not trust

a coin whose team covers its exclusive costs

by printing eth, because the ecosystem's profits are ridiculously small.

Perhaps ETH falling to 3300 will be enough.