Let's do a clear and concise technical analysis based on the #BTC Dominance ($BTC.D) chart in the image: ⸻ 📊 **Overall View** - **Current level:** 59.53% - **Main trend:** Uptrend (since the beginning of 2023) - **Progressed in a stable rising channel** since the 2022 lows (~40%). - **Tested the 63–65% range at the beginning of 2025**, followed by a correction. ⸻ 📐 **Technical Structure** 🔹 **Trend** - The **Higher High – Higher Low structure** has not been broken. - The recent decline is **not a trend reversal**, but rather a **healthy correction**. 🔹 **Support and Resistance Levels** **Supports:** - **58.5 – 59.0%** → Short-term critical support (currently in this area) - **56.5 – 57.0%** → Mid-term main support - **54.0 – 55.0%** → Trend break threshold **Resistances:** - **60.5 – 61.0%** - **63.5 – 65.0%** → Strong major resistance (previous peak) ⸻ 📉 **Indicator Interpretation (Reading from the Chart)** - Candles after the peak indicate **momentum loss**. - However, **no sharp distribution** → **Limited outflow from BTC to altcoins** - **Volatility has decreased** → **Decision-making zone** ⸻ 🔮 **Possible Scenarios** 🟢 **Scenario 1: Holding Above Support (Likely)** - If **58.5–59% is maintained** 👉 **BTC regains strength** 👉 **Altcoins remain under pressure** 👉 **Low-cap altcoins struggle especially** 🔴 **Scenario 2: Close Below 58% (Spark of Alt Season)** - If the **daily/weekly close falls below 58%** 👉 **BTC.D drops to the 56–55% range** 👉 **Strong rally begins in altcoins** 👉 **Dominance decline = capital flows to alts** #Bitcoin $Bitcoin #altcoin #Altseason2026