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#BTC DOMINANCE ANALYSIS

BTC Dominance is consolidating within an ascending channel and is currently rebounding from the 21MA, which is acting as a support level. Itโ€™s essential to wait for further price action developments to confirm the next move.

If BTC.D declines while BTC remains bullish or moves sideways, it signals a bullish trend for altcoins. However, if BTC.D rises or remains strong, a correction in altcoins is likely.
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#BTC/USDT ANALYSIS

Bitcoin has broken out of the symmetrical triangle pattern with significant volume. A retest above the pattern is expected, with the Ichimoku Cloud acting as support below the current price action.

A successful retest would confirm bullish momentum, potentially triggering another rally in the market.

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โ—๏ธ BREAKING: ๐Ÿ‡บ๐Ÿ‡ธ SEC drops investigation into Opensea.
LONG $JELLYJELLY

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1:17 RRโœ…
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#USDT DOMINANCE ANALYSIS

USDT Dominance has broken out of the ascending triangle pattern and is currently retesting the breakout level. The Ichimoku Cloud is showing bullish strength, indicating potential upward momentum.

A successful retest could confirm a bullish trend, while a failed retest may lead to further consolidation within the pattern.

It's essential to note that an upward movement in USDT.D is typically considered a bearish signal for the cryptocurrency market due to their inverse relationship.
JUST IN: ๐Ÿ‡บ๐Ÿ‡ธ SEC drops Uniswap investigation.