đ¨ BTC Dominance â Market Update â ď¸
Current level: 61.41%
Market Structure
⢠BTC dominance tapped the 62.00%â62.25% resistance zone and sharply rejected
⢠Liquidity grab confirmed above the zone before strong bearish reaction
⢠Price is now heading back toward the 60.00%â59.80% demand zone
⢠Previous structure from the 65.00%â65.50% supply zone remains dominant in trend reversal
Outlook
⢠As long as BTC.D remains below the 62.00% zone, downside pressure is expected
⢠Clean break below 60.00% could open doors toward the next support at 58.80%â58.50%
⢠Only a reclaim of 62.00% could suggest possible short-term recovery
Market Catalyst
⢠Tomorrow is Saturday, July 26
⢠No high-impact economic events are expected
⢠Market likely to follow technical structure through the weekend
Impact on Altcoins
⢠BTC dominance is falling while BTC price is stable
⢠Indicates a capital rotation into altcoins
⢠Sustained move below 60.00% can fuel further altcoin rally
⢠If BTC.D finds support and bounces from the 60.00% zone, altcoins may face correction
Conclusion
⢠BTC dominance rejected from key resistance after grabbing liquidity
⢠Current structure supports bearish continuation unless 62.00% is reclaimed
⢠Altcoins expected to remain strong in the short term as long as BTC.D stays below
resistance