Others maintain strength while Bitcoin broke down from its ltf uptrend. Bitcoin dominance also keeps dropping the last 4 weeks and looks like the bearish weekly structure may be ready to continue down. Interesting developments on both htf and ltf charts with altcoins holding htf bullish structure. I think there's something brewing and altcoins should not be written off. It's been a weird and difficult market for altcoins the last few years, but when people lose hope is when the next run begins.
In my previous post I mentioned how total3 and others interestingly maintain their htf bullish structure unlike Bitcoin which might point to something more bullish brewing than meets the eye if just covering Bitcoin alone. Some additional things marked in my charts like hidden bull div, and oversold resets also signal the potential for some unexpected bullish action with altcoins. Something else that supports this possibility is the Bitcoin dominance chart which is also set up perfectly to continue down on high timeframes. When these charts both line up like this it's certainly worth taking a look and considering a more bullish view.