ALTS are suffering from Bleed 🩸
The Reason behind all this correction is only BTC.D, it's pumping and pumping
Everyone is interested in BTC so the money flow is defending BTC to be stabilise
So there is only two Hopes that we can see a biggest i mean rallies in ALTS or we can say ALTS Season of the current bullrun 🐂
First scenario BTC.D takes rejection from current 60.60% till 63.30% and we can easily break below this parallel channel
If break above 63.30% and close daily candle above we can go more up towards 70% of BTC.Dominance
It's look more bloody for ALTS 🩸
The Last hope we can see currently is located at 70% till 73% it's last hope 👀
If we reach here take rejection and boom there will be a massive rallies in ALTS 🚀
Currently many alts are sitting at the lowest so it's indicating that the current dominance level and channel resistance can send it down to break below channel and ALTS Season will start