Pretty hard to put your finger on dominance, But I am assuming that the rising wedge will break down. This will end the random pumping of some alts for a while.
If the wedge breaks up then Alts will continue to pump, but some of them have 2xed or 3xed and are pretty over extended so hard for me to see a continued pump.
I imagine a strong dump from BTC will bring a harder dump of Alts. BTC pumping is also hard for me to imagine, but possible.
I think prices are stagnating because the stock market is closed for holidays. BTC never gets a holiday.
If the wedge breaks up then Alts will continue to pump, but some of them have 2xed or 3xed and are pretty over extended so hard for me to see a continued pump.
I imagine a strong dump from BTC will bring a harder dump of Alts. BTC pumping is also hard for me to imagine, but possible.
I think prices are stagnating because the stock market is closed for holidays. BTC never gets a holiday.
Comment:
Might still be in a rising wedge, we will see
Comment:
hit upper resistance
