U.S. unemployment rate(Jan) will be released this Wednesday.
The cons(Consensus) is 4.4%. The recent data are around 4.5%. It seems thst the U.S. labor market is on a turning point.
Well.. even though BTC(Bitcoin) is in a bearish trend, BTC Dominance has been consolidating during the last 6 months. It's not surging. What does it mean? It looks very solid.
I guess we entered a bear market again. But what if Altseason occurs in a bear market? 🤔
BTC dominance consolidating while price trends down usually signals capital rotation, not strength. If BTC.D fails to break higher, liquidity can still flow into select alts, but it’ll be selective, not a broad altseason. In bear markets, alts move in short, violent rotations, not sustained runs. Patience and positioning matter more my thoughts