Bitcoin Dominance shows bearish signs with a Doji candlestick pattern and volume divergence signaling a potential reversal.
Rising wedge formation since March 2023 could trigger a flash crash, adding pressure to Bitcoin Dominance’s trend.
Retail activity has risen by 13% in 30 days, signaling renewed interest from smaller investors amid Bitcoin’s looming move.
Whales have kept transaction volume high while retail activity decreased, but recent surge in small transactions suggests retail traders are becoming less risk averse.