The altcoin dominance chart demonstrates an interesting pattern. On the two-day timeframe, the RSI[120] indicator reached 58.5, which indicates growing interest in altcoins. However, simultaneously, the first signal for opening short positions appeared on the chart according to Pifagor MFI. This combination of two technical signals suggests that in the coming weeks, the market will most likely continue its corrective movement. At minimum, one should expect a local pullback movement in altcoin dominance before the next growth impulse is possible.

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