BTC dominance has been declining for the second day in a row and is now below 58%. Yesterday and on December 26, we wrote about the importance of dominance going below this level. Then, on December 26, we analyzed in detail how many EMA 50 and 200 on different hourly TFs are currently in the region of the 58% level.

Now the dominance has broken through a number of these EMAs and continues to be in a stable downtrend on the hourly and two-hour TF. And in the next half hour the question of the transition of dominance to a stable downtrend on the 4-hour TF is being decided.

Remember the important condition - it is important to close the weekly candle below 58.65%. This is the Potential break level on the weekly TF. The chances of fulfilling this condition are very high. But it is very important. Especially after the previous candle was closed higher.

On individual altcoins. The situation looks like many altcoins have reached strong supports and are ready to bounce off them. Many assets on the 3-day TF have a potential low candle. Examples are #ADA, #DOGE, #STRK,#TON(and all the key assets of its ecosystem, by the way).

Let us recall that there can be up to three such candles in a row. This means that the “window” for a decline for these altcoins is a maximum of 6 more days, not counting the current one. But we bet that in general, altcoins are preparing for growth and reversal earlier. The dominance movements will act as a hint. And on it, let us repeat, the signals of a potential high on the 2-day TF have begun to be worked out and consolidation is underway (for now) under 58%.

There are also interesting moments in the signals of our market monitoring system. Yesterday's mass transition of altcoins to stable uptrends on the hourly TF (105 signals) has been partially leveled out today - 63 assets have returned to a stable downtrend in two days. BUT the trend is controversial, not massive, because some assets are again going into a stable uptrend on the hourly TF today. All this is visible on the screenshots. They covered the names of the channels where the data is flowing, so as not to get the idea deleted. There are many precedents. Although this is not advertising, the channels cannot be found by search.

By the way, before returning to the downtrend, many worked out their basic targets yesterday. For example,#GRASSand#DYDXquickly worked out three basic targets yesterday, showing growth of +8%, and then went into correction. But there are also those who did not show significant growth, gave a signal of a potential high and went into correction, for example #LUNC.


The transitions to a stable downtrend on the 4-hour TF of a number of altcoins are still worrying. But if yesterday there were 27 of them out of the TOP-200 crypto assets, today there are only 7. With a contradictory picture on the hourly TF, this can be interpreted as a slowdown in the rate of correction and a chance of breaking the 4-hour signals.

Once again, we are talking about general trends in the altcoin market, assessing them with a single working metric (our indicator) through a data array. This is very important. In general, we repeat, altcoins feel pretty good. We seriously allow a situation in which BTC will work out the immediate targets of a stable downtrend by January 1-3, while altcoins will show resilience and ensure a further decline in dominance.

Our “mantras” are the same and are based on technical analysis and retail sentiment assessment:

- the altezone is NOT cancelled,

- the retail industry's mass disbelief in it is the best confirmation of this,

- the beginning of the year and spring are the period for parabolic growth of altcoins,

- they will need to be closed in the April-July window (different assets have different times),

- now is the time to buy up what has come to the retest of the breakdown of the accumulation range (like STRK).