I just noticed that BTCDOM is starting to change its trend. Previously, Bitcoin's dominance was still rising, but now it seems to be weakening and potentially entering a more serious downtrend phase. Very interesting because the levels that used to be support are now becoming strong resistance. BTCDOM has broken above 60% and now that level is acting as a barrier, even 64% is starting to serve as a ceiling. If this continues and BTCDOM can't break through its resistance, it could be a signal that the altseason is beginning. The condition depends on whether these levels can hold as resistance on each bounce. But the most important level to monitor is 57.68% below this, because if that support is broken, it would confirm a deeper macro downtrend in BTCDOM. So it's worth watching for traders following Bitcoin dominance. What do you all think?

BTC-0.19%
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