Altcoins are showing a major shift.
Dominance just broke a nearly 5 year downtrend, while monthly MACD has stayed green for 7 straight months.
The setup is starting to look a lot like early 2020 AltSeason.
Crypto Market Faces Fresh Selling Pressure
Bitcoin dropped below $82,000, while Ethereum slipped under $2,550.
Around $82 million in long positions were reportedly liquidated in just 60 minutes.
The selloff followed President Trump's warning that military strikes on Iran could resume.
Geopolitical tensions are rising, and crypto markets are feeling the pressure.
I'm watching whether BTC can reclaim $82K or face further downside.
This is the “BTC crash” bears have been waiting for.
Bitcoin just dropped to levels we haven’t seen since… last week.
Crypto sentiment can change faster than the actual chart.
A little red and suddenly everyone becomes bearish again.