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TronWeekly

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Altcoin Surge Looms as Bitcoin Dominance Faces Potential Downside Break

  • Analysts anticipate an “altseason” as altcoins demonstrate resilience, even with Bitcoin’s recent price recovery.
  • The TOTAL3 index is testing a critical resistance level; a breakout could signal significant market changes.
  • With Bitcoin dominance at 57%, a decline may encourage investors to shift funds toward altcoins.
  • Technical indicators suggest the possibility of an altcoin season, but caution is advised as altcoin season index remains low.

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