📊 Altcoins Might Finally Be Ready... Many people may ignore this, but I've noticed something really important from an altcoin perspective.
We've been in a prolonged bear market for alts, yet despite Bitcoin's recent weakness, most quality alts have held up surprisingly well. That's a strong sign of relative strength. The biggest reason? BTC Dominance is weakening.
📉 For the first time since 2023, BTC Dominance has lost its 100-week EMA. Historically, this has been a positive signal for altcoins as capital starts rotating out of Bitcoin. I'm not calling for a full-blown alt season yet, but I do believe July could bring a mini alt season if this trend continues.
👀 Keep your watchlist ready. If BTC remains stable and BTC.D continues to weaken, quality alts could significantly outperform. July might be the month to print. 🚀
👁🗨🔻🔻Beijing just slammed the door on illicit cross-border stock trading—and the markets are feeling the burn. 📉 Over $1 BILLION fled Chinese equities today as a strict regulatory overhaul combined with underwhelming corporate earnings sent spooked investors rushing for the exits.
If you look closely at the chart, every time BTC attempted a breakdown, the following 4H candle formed an inside bar (as marked in the circles). Each of those instances was followed by a strong upside move shortly after.
Now, we’re seeing the same inside bar pattern forming again on the latest 4H close which adds extra confluence to a bullish bias from this level.
As long as price holds above the support zone, bulls still have a solid chance to push toward the 107.5K–109K area. Let’s see if history repeats once more. 👀