The chart shows the long-term Others Dominance (excluding top 10 crypto) on the monthly timeframe, forming a large corrective structure. The dominance has been in a steady downtrend from the 2021 peak, creating a series of lower highs and lower lows. Price is currently sitting inside Support Zone 1, with a potential final drop toward Support Zone 2 (around 3–4%) to complete a possible ABC corrective wave. The chart suggests that after this final C-wave on the down side completion, a major long-term reversal could begin, potentially targeting a strong upward move in dominance toward the 15%+ region. and more
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#others dominance
The chart shows the long-term Others Dominance (excluding top 10 crypto) on the monthly timeframe, forming a large corrective structure. The dominance has been in a steady downtrend from the 2021 peak, creating a series of lower highs and lower lows. Price is currently sitting inside Support Zone 1, with a potential final drop toward Support Zone 2 (around 3–4%) to complete a possible ABC corrective wave. The chart suggests that after this final C-wave on the down side completion, a major long-term reversal could begin, potentially targeting a strong upward move in dominance toward the 15%+ region. and more