Total Quality
Score
If You Had Traded on This Analysis…
Fail

BTCUSDT
Entry
104,676.0000
2025-05-31
21:14 UTC
Target
68.3100
Fail
60.3100
In 45 Minutes
Risk / Reward
1 : 1
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Final PnL
99.94%
P/L: —
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Body
This video analyzes Bitcoin dominance and altcoin performance against Bitcoin. It notes Bitcoin dominance is at 64.32%, with a cycle high of 65.38%. Altcoin pairs are making new lows against Bitcoin, but Ethereum against Bitcoin is comparatively higher. This suggest pullbacks in the ETH/BTC pairing correlate with lower lows in the total altcoin market cap relative to Bitcoin. The analyst suggest a potential convergence of altcoins to the range lows. The video speculates altcoin may decline to around 0.32 by June, drawing a parallel to the .33 value recorded the last day of May. The current downtrend may continue into November, similar to the trend in the prior year. Overall a bearish tone in altcoin, which may face the prior level.