Bitcoin tests support as Altcoin pullback deepens

Bitcoin is testing daily support as altcoin pullback warnings broaden. I have sold more altcoins, while dip-buy opportunities remain in focus.

Bitcoin returns to daily support

Bitcoin has tagged its daily TBO Fast line for the first time since September 18. I see this as a buy-the-dip opportunity, but the warning signals still need respect. A daily TBT Bearish Divergence is in progress, while a TBO Close Long has already confirmed on the four-hour chart. The daily signal is forming; the four-hour signal is confirmed. A test of support is not a guaranteed bounce.

Ethereum retains stronger underlying momentum

ETH is down around 3%, with a daily bearish divergence in progress. Its Slow line and the moving average on On-Balance Volume remain much more bullish than BTC's. That relative strength supports my view of the pullback as a dip-buying opportunity, rather than a reason to treat every red candle the same way. The reversal warning is still forming, not a confirmed daily signal.

Stablecoin dominance raises an unconfirmed weekly warning

Combined stablecoin dominance has tagged its daily Fast line and is forming a daily TBT Bullish Divergence. The weekly chart shown here is also working on a bullish RSI reset, but that reset has not confirmed. A move toward the weekly Fast line at 10.25% dominance could accompany a deeper crypto pullback. That figure is a dominance reading, not a Bitcoin price or a projected percentage loss.