Is Altseason About to Begin?

Market Cap BTC Dominance, % CRYPTOCAP:BTC.D

The market structure suggests we’re currently in wave C of the second corrective wave (2) — and it looks close to completion.
A potential ending diagonal and bullish divergence on momentum indicators signal exhaustion among sellers.
At the same time, Bitcoin dominance is testing a key resistance zone — a level where liquidity often starts rotating into altcoins.

📈 If the current low holds, we could be witnessing the early stages of wave 3 — the impulsive phase where altcoins usually outperform Bitcoin.

🟢 Base scenario: Correction ending → beginning of a new bullish phase
🔴 Alternative scenario: Breakdown of the current low → completion of a W–X–Y structure

source https://www.tradingview.com/chart/BTC.D/vmXHNGYQ-Is-Altseason-About-to-Begin/

BTC Dominance Breaks Structure – Eyes on 60.5% to 62.9% Targets

Market Cap BTC Dominance, % CRYPTOCAP:BTC.D

Cruzebow

Downtrend Reversal:

➡️ The macro bearish channel from May–September has been invalidated with a clean breakout.
➡️ Structure shift confirmed: LL → HL → HH
➡️ Volume is increasing on breakout attempts, indicating growing strength in BTC over alts.

Fibonacci Target Zones:

➡️ Nearest target sits at the 0.382 retracement (60.55%)
➡️ Extension levels suggest confluence zones at:
• 61.60% (0.382 ext)
• 62.65%–62.93% (0.618–0.65 Fib cluster)
• 63.32% (0.236 from macro swing)

Support Levels:

➡️ Strong support below at 58.95%–58.58%, marking the previous breakout zone
➡️ HL confirmed above 57.17%, locking in the new bullish structure

📌 What This Means:

A rising BTC.D typically signals capital rotation back into BTC, reducing relative altcoin strength. If dominance reaches the 62%+ range, it may coincide with BTC breaking out while alts underperform.

source https://www.tradingview.com/chart/BTC.D/KVaGFasr-BTC-Dominance-Breaks-Structure-Eyes-on-60-5-to-62-9-Targets/

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