🔍 Left Chart – TOTAL3/BTC (Altcoins vs BTC)
Shows relative strength of altcoins vs. Bitcoin.
Currently at 0.29, retesting previous support (yellow line).
Clear breakdown from 0.30–0.32 zone, which was an important range.
🟥 Red drops at support = further altcoin weakness likely.
🟡 Moons/suns = former balance zone → now resistance.
This suggests altcoins are underperforming BTC—capital may be flowing back to Bitcoin (or out of the market).
🔍 Right Chart – BTC Dominance (% Market Cap)
BTC dominance is approaching the key 64.57% resistance level (yellow line).
If BTC dominance breaks out, it confirms capital rotating into BTC and away from altcoins.
🟥 Red drops above = a potential reversal/resistance zone—but if broken, altcoins may bleed more.
📊 Implication:
Altcoin vs BTC pair is weakening, while BTC dominance is strengthening.
This combo suggests a "Bitcoin-only" phase, often seen during risk-off periods.
Traders may prefer to rotate into BTC or stablecoins, avoiding alts for now.
Shows relative strength of altcoins vs. Bitcoin.
Currently at 0.29, retesting previous support (yellow line).
Clear breakdown from 0.30–0.32 zone, which was an important range.
🟥 Red drops at support = further altcoin weakness likely.
🟡 Moons/suns = former balance zone → now resistance.
This suggests altcoins are underperforming BTC—capital may be flowing back to Bitcoin (or out of the market).
🔍 Right Chart – BTC Dominance (% Market Cap)
BTC dominance is approaching the key 64.57% resistance level (yellow line).
If BTC dominance breaks out, it confirms capital rotating into BTC and away from altcoins.
🟥 Red drops above = a potential reversal/resistance zone—but if broken, altcoins may bleed more.
📊 Implication:
Altcoin vs BTC pair is weakening, while BTC dominance is strengthening.
This combo suggests a "Bitcoin-only" phase, often seen during risk-off periods.
Traders may prefer to rotate into BTC or stablecoins, avoiding alts for now.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.