Bitcoin: Dominance Thesis Targets Sub-55% on ETH Strength

Bitcoin dominance sits at 59% but @CryptoMichNL maintains the thesis that the metric is already downtrending toward sub 55% after the breakdown last summer, citing clearer strength in $ETH over $BTC.

Price action at $64042 shows the asset pressing the upper Bollinger Band resistance at $64608.44 while the 50-EMA at $63301.9 and 200-EMA at $63919.53 act as layered support; with RSI at 54.62 remaining neutral and MACD printing a death cross at 268.13, a measured pullback to the 50-EMA confluence appears likely before any continuation higher.