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๐ Bitcoin Dominance
๐ Bitcoin dominance is holding steady above 61%.
๐ It has bounced multiple times from the support area (previous dominance high).
๐ For altcoins to perform well, Bitcoin dominance needs to drop below this 61% support level.
๐ If Bitcoin dominance does not break this support and rises again, altcoins may face further correction.
๐ Bitcoin dominance is at a crucial support levelโif it breaks below, altcoins may recover; if it moves up, altcoins may weaken further. Keep an eye on Bitcoin dominance! ๐