🔥CME closed for the weekend at a level of 43.8K. This indicates that the closure above the breached resistance zone may also occur on the weekly chart, which is generally favorable.

There is nothing new on the chart; the price is moving within a "bullish pennant" on the 4-hour chart. It is crucial to stay above 43K and break above 44K to continue the upward movement.

However, dominance is showing a significant decrease: the price bounced off the mid-boundary of the ascending channel and is now attempting to break below the lower boundary. Altcoins are feeling positive against this backdrop. It is hoped that dominance will start a substantial decline soon. However, this won't happen without breaking out of the ascending channel.

Bitcoin dominance: 52.88%;

Fear and Greed Index: 70 (Greed);

Altseason Index: 55;

Market capitalization: $1.61 trillion.

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