averkieskila

I would not carelessly consider BTC dominance to be a non-issue.

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, % (CALCULATED BY TRADINGVIEW)
People are so sweetly enamored with the rising alt-market that this picture in general seems very dull and safe.
Yes, we have some chance of the diagonal (and there goes the EMA200 as well) being rejected.
But I don't like the fact that this diagonal test will take place in conditions where the candles are already trading
above the cloud. It is a completely uncertain situation. If there is a breakout, it will hurt everyone who has been
buying altcoins for the past two weeks.