Is It Time for Altcoins to Dump? – OTHERS Dominance Final Wave

As predicted in the last update, OTHERS.D reached the 7.20% demand zone precisely, showing a textbook reaction. The price has now rallied back toward the upper boundary of the descending channel and is testing the resistance area near 7.70%, where wave E likely completes within a Diametric structure (ABCDE).

This is a critical juncture: if rejected here, the next bearish wave could trigger an altcoin sell-off.

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🔸 Market Structure:
• Diametric correction (ABCDE), with wave E likely terminating near 7.70%
• Price is testing the confluence of channel resistance and prior supply

🔸 Key Observations:
• Clear rejection signals are emerging around 7.70%
• No evidence of a sustained breakout yet
• Structure typically resolves with a deeper decline (wave F)

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🔹 Scenario:
Base Case:
• Rejection from 7.70% supply
• Bearish continuation toward 7.20% demand
• Potential sweep down to 7.10–7.00% liquidity zone

Invalidation:
• Sustained breakout and acceptance above 7.80%

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📌 Summary:
OTHERS.D is likely finalizing wave E. If this resistance holds, expect a bearish wave F and possible pressure on altcoins. Be cautious with heavy altcoin exposure until a confirmed breakout appears.

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✅ Investment Strategy Selection:
Since declining OTHERS dominance = bearish for altcoins, you’d mark SHORT bias (expecting altcoin underperformance)