A number of "heavyweight" altcoins have moved into a stable uptrend on the 12-hour TF in recent hours.
The list includes, for example, #ADA, #APT, #POL, #STRK, #ARB. We show several calculations from #P73Signals.
At the same time, signals about a transition to a stable uptrend on the daily TF also came at night from other well-known tokens - #SUI, #UNI.
Many altcoins are already noticeably overbought and, in some places, break the signals of a potential high on the 4-hour TF. But, as was written, BTC dominance promises a decline in the near future, and today's daily candle is its start.
So far, today's decline in BTC dominance is testing the global upward trend since November 2022. Its breakout would be an additional signal for the continued growth of altcoins. The only thing that confuses is a possible local rebound of stablecoin dominance. But we are also talking about a four-hour TF, a strong trend may well break the signal. BTC is still in a sideways movement and does not give additional signals for correction.