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Altcoin Dominance
Compression like this rarely lasts long.
These tightening trendlines on altcoin dominance have historically resolved with strong altcoin rallies.
Right now dominance is sitting right on the range lows, yet it refuses to break down. That kind of pressure usually builds energy for a nice move.
If the structure holds, a sharp spike in altcoin dominance over the coming weeks would not be surprising, at least in the short term.