Based on the chart, Bitcoin appears bearish in the short term due to its current consolidation near support zones and oversold stochastic RSI. However, with the broader time frame showing strong accumulation and bullish indicators like increasing volume and a longer-term uptrend structure, Bitcoin remains bullish for the longer time frame.
Based on the USDT dominance chart, the trend shows a potential bearish breakdown as dominance is rejecting key resistance and breaking below the trendline. Indicators such as the RSI and stochastic suggest bearish momentum. A decline in USDT.D dominance aligns with bullish market sentiment for BTC, supporting a bearish short-term trend for BTC and a bullish outlook for the long term.
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Based on the heatmap and indicators, this coin demonstrates bearish tendencies short-term but exhibits bullish potential long-term.
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