The analysis begins with Bitcoin dominance, suggesting it's a reflection of altcoin dominance where a falling Bitcoin dominance implies an increasing altcoin dominance. The presenter draws a comparison between the current market scenario and the last cycle, particularly focusing on the 20-month moving average acting as resistance. It is expected Bitcoin dominance will continue its downtrend if resistance is not broken, the presenter point around 51.0 on the momentum oscillator as an opportunity for BTC capitulation. The presenter indicates Ethereum's daily chart holds clues for altcoins, suggesting it would be essential to monitore the 20 and 50 day moving average, even a throwback move is anticipated .The presenter is bullish on ETH with a high target of 5500, with the analysis invalid if it crosses below 4000, but cautions about potential manipulation and volatility causing a potential drop to $3300 in this move.