BTC Dominance Reclaims Support but Rejects Trendline. Rotation S
BTC Dominance pushed into the descending trend line and failed to hold above it, confirming that the move higher lacked sustained acceptance. The rejection from the trend line suggests that the impulse was driven by momentum and liquidity rather than a confirmed regime shift.
After the rejection, dominance pulled back into a previously defended horizontal zone, where price is now attempting to stabilize. This area is acting as short-term support, indicating hesitation rather than continuation. As long as dominance remains capped below the descending trend line, the broader context continues to favor selective rotation into altcoins rather than broad Bitcoin dominance expansion.
A clean reclaim and acceptance above the trendline would be required to invalidate this rotation narrative. Until then, structure favors balance and rotation over trend continuation.
Dominance defines rotation. Structure leads context.
source https://www.tradingview.com/chart/BTC.D/3opeUYST-BTC-Dominance-Reclaims-Support-but-Rejects-Trendline-Rotation-S/
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