🚀🌐 Top Altcoins That May Trigger a Strong AltSeason After Bitcoin Dominance Drops
📈 Institutional Accumulation & Bitcoin Dominance
Since the Bitcoin ETF launch, institutions have heavily accumulated BTC, pushing its dominance close to previous highs near 70%. This suggests a breakout may be near, potentially lifting BTC to new heights. However, with the RSI at its upper limit, a quick correction might be due, potentially sparking an altseason as BTC dominance drops.
🔼 SEI (SEI)
SEI is consolidating within a symmetrical triangle, nearing a breakout point with reduced volatility. As BTC dominance falls, SEI could break above its resistance, aiming for $0.5 and an eventual target of $1.
📉 Avalanche (AVAX)
AVAX is trading in a rising parallel channel, with the RSI suggesting a drop to support levels. A successful test at $30 could spur a rally to $33, while altseason momentum may push AVAX above $40, creating a path to new highs.
📊 Chainlink (LINK)
LINK is moving within an ascending triangle, approaching consolidation’s apex. Though it may face short-term rejection, a rebound above $13 could signal the start of a new uptrend, potentially breaking past $15 as altseason begins.
🚀 Maker (MKR)
MKR, after a bearish phase, is now on a recovery path. Currently trading above $1200, it could aim for $1700 soon, with altseason possibly driving it beyond $2500 for a robust bull run.