BTC & ETH Dominance

➡️ A custom indicator that I created on Tradingview, and which allows you to follow the BTC+ETH dominance. Currently at very high levels, around 73%, having made resistance in October 2018.

👉 Of course, in the event of an altseason, this indicator will be interesting to follow, with historical lows around 58% which could allow us to time the end of the altseason
#Altseason2024

Are we finally going to see a clear drop in $BTC Dominance?

In any case, everything indicates that we are at a high point:
- Resistance on the September 2020 support
- RSI Weekly at 70 at the beginning of August
- Double bearish divergence of RSI over the last weeks
- The ETH/BTC pair which seems to have bottomed out and is rising again

Will we finally have an altseason?
To be continued
#Altseason2024