What's up with Altcoins 👀Let's look at the TOTAL3, as you can see from Fibonacci, this cycle of altcoins sold off much stronger, they did not test the 0.5 zone.
Even if we take into account the growth of stablecoins, altcoins still look oversold and I would expect an exit from the 0.23 zone.↗️
🧐Many alt-season skeptics say that #bitcoin dominance still has room to grow, here I can say that stablecoins and a larger alt-season in 2021 should be taken into account, this has not happened before. Therefore, if these factors are taken into account, the dominance of Bitcoin is now at quite high levels. This is also a possible positive for altcoins.