đ Market Analysis
âą Bitcoin is holding at $96,500, with a target of $91,000 đ»
âą BTC dominance is at a peak of 58.4% and is expected to start declining soon đ»
âą The altcoin index is in the process of rebounding but looks weak â still uncertain.
âą Alts are at rock bottom, and until dominance drops below 58%, thereâs little reason to chase them.
âą The U.S. market is very positive and has returned to its highs đ
âą The dollar index is rising, which is negative for crypto đ»
âą Mining companies are dropping more than growing â another negative signal đ»
â Conclusion: Based on these factors, the market could continue declining for a while, followed by a reversal.
I believe BTC wonât drop below $89,000 â and weâll see a new wave of growth!