#altcoins When is the season? Did we run into a bear?

I am making this analysis for those who panic and lose hope;

The parity #ETH / #BTC gives us the performance of Ethereum against Bitcoin. ETH is the captain for many altcoins after Bitcoin. So when ETH rises, so do the altcoins, especially in its network. There are many reasons for this, but since this is not our topic, I will not go into detail. Now look at the parity below. The parity has been below the 60-period moving average for exactly 1 year, and although it tested this area many times, it failed... Even though it failed in its last attempt, the rejection it received was not as deep as the previous ones, and this shows us that it will soon try above this moving average again and will be successful... At the same time, it is about to destroy the falling structure...

Altcoin Dominance gives the general market dominance data of altcoins that are outside the top 10 projects in terms of market dominance... When we look at the Dominance chart, after each halving the altcoin went to test the dominance trend support and then made a rapid exit and started the altcoin season that lasted for months. I remember very well, when altcoins made 100X+...

The other parity is USDT Dominance, which gives the USDT value in wallets. There is a contrast between this pair and Bitcoin price action. In other words, when BTC rises, this parity falls, and when it falls, it rises... It helps us find the bottoms and tops in BTC. When we look at the USDT.D chart, we see that it reached the historical support level weeks ago, which explains why Bitcoin has been stuck between 70K-75K many times. This situation is completely normal because we are in a correction movement, the next impulse wave will open the main season and free many altcoins...

I could extend the analysis further, but I think it is enough...

#BinanceTournament
#Megadrop