Market Cap BTC Dominance, %
Short

BTC.D: A Critical Turning Point

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The current zone is pivotal for confirming the bearish scenario on BTC.D.

Key Points:

- Death Cross on the 12h chart confirmed last week.
- PA is retesting EMAs after the cross, increasing the likelihood of further downside.
- This is a zone to add positions if weakness confirms.

Main Scenario:

1. Retest completion → continued downtrend.
2. Major support lies around 53%, with potential for deeper declines.

Risks:

A sustained move above the current MAs could invalidate the bearish outlook.

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