BTC Dominance - Over the past few months, we have seen a steep decline in BTC dominance. The previous 39% level of support has now been broken as we approach the ETH merge. Historically the BTC dominance respects zones of support and resistance, with the next level of support located at 37%, which was the 2017 BTC dominance low. With ETH outperforming BTC and dominance falling, we could expect the altcoin run to continue in the short term.
