Is It Time for Alts? | 8-8 Double Luck Live Update

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🤩🍀 Is It Time for Alts? | 8-8 Double Luck Live Update 🐉💫

8-8-2025 — In Chinese culture, 88 means double fortune, and in numerology it’s the angel’s number for alignment and abundance.
Feels like the perfect day for a market check.

Ethereum (ETHUSD)
✅ Tagged $4,000 exactly as tracked in my Unicorn Breakout ideas (Part 1 & Part 2).
💨 First-touch rejection is normal — needs time to reload for any break above $4K.

Bitcoin (BTCUSD)
⚡ Holding above 115,800 — key structural support.
📈 As long as we stay here, bullish bias remains intact.
🎯 Next upside targets: 120k – 138k.

Bitcoin Dominance (BTC.D) — The Game-Changer
📉 Finally dropped under 60.80%, which is now major resistance.
💎 Staying below this favors altcoin strength, as long as BTC stays stable or climbs.
⚠ If BTC.D reclaims 60.80%, the edge shifts back to Bitcoin leadership.

Altcoins Outlook
✨ ETH’s $4K tag sets the stage for alt rotation.
🔑 Conditions look favorable when:

BTC > 115,800

BTC.D < 60.80%
💥 Weekend could be strong for selective alts.

S&P 500 (SPX)
📊 Still in the same range since rejection at resistance.
🚦 No breakout yet — waiting for a catalyst.

Summary:

ETH hit $4K, now consolidating.

BTC stable over support.

BTC.D under resistance = potential “Alts Window.”

SPX sideways.

Plan: Hunt for strong alts while BTC.D stays under 60.80%. Guard BTC’s 115,800 support like a hawk.

📊 Charts attached: BTCUSD, BTC.D, ETHUSD, SPX

One Love,
The FXPROFESSOR 💙

Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈

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