– Bitcoin traders are anticipating a potential support retest and hoping for a deeper price comedown.
– Bitcoin’s price strength is outperforming altcoins, leading to a higher Bitcoin dominance in the market.
– Some traders are looking for a retest of lower levels, while others see potential for upside movement.
– Support is building at $35,000, and the 21-day moving average is acting as a support level.
– A steeper correction could bring the market closer to $30,000.
– Altcoins have experienced a pullback, with Ether, XRP, and Solana underperforming compared to Bitcoin.
– Bitcoin’s dominance in the crypto market has increased to one-week highs of 52.82%.
