1. From the point of view of technical analysis, the classic double top has formed 2. From the point of view of volume patterns, the downward movement of dominance will confirm the pattern highlighted by the red arc
EXPECTATIONS: Given the stable inflows into the ETHERIUM of ETF, which is the driver of the altseason and the main factor in reducing dominance, I expect a drop to 56.75% in the next 2-3 months, correction and further drop to 55.2% (pleasant aroma of the altseason in the air)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.