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📊 Altcoins Market Cap Overview 👉 Current Market Cap: $1.04T 👉 Key Resistance: $1.08T 👉 Immediate Support: $1.03T 👉 Major Support: $950B 🔹 Scenario 1: Breaking Resistance If altcoins manage to break above the $1.08T resistance, we could witness significant momentum across the market. However, this scenario seems less probable due to today’s FOMC meeting, where a rate cut decision is expected. Should a 0.25 BPS cut be announced, Bitcoin may rally sharply, pushing its dominance above 60%. This could result in short-term pressure on altcoins. 🔹 Scenario 2: BTC Dominance Surge According to Polymarket, there’s a 97% likelihood of a 0.25 BPS rate cut. If this materializes, Bitcoin is expected to surge toward a new all-time high (ATH) today, driving BTC dominance to 60% or higher. This dominance spike will likely suppress altcoin performance in the short term. However, such a pullback could present a golden opportunity to accumulate promising projects in preparation for the 2025 rally. 🚨 Stay vigilant and prepare for potential dips in altcoins to strategically position yourself for future gains!
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$FLOKI SL Hit recovery signal soon.
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$FLOKI - It should be on your watch list
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🚨🚨 BREAKING: Eric Balchunas Senior ETF analyst for Bloomberg expects 'a wave of cryptocurrency ETFs next year' including $LTC, $HBAR, $SOL, & $XRP. 📈📈
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