Bitcoin unable to hold the $48,800 area and leave a wick below $46,000 area. Bitcoin is now at the local support of $46,000-$46,500 area and if this is broken then we see a test of $44,000-$45,000 area. The major resistance still remains the same of $40,000-$42,000 and this is high demand zone. BTC need to go above $50,000 to get some bullish momentum.
Bitcoin dominance is now testing the 42% major resistance level. Hope that BTC dominance don't break the 42% resistance otherwise we see more dump in altcoins. Keep an eye on Dominance and use stop loss in all open trades. ETH still holding above 0.08 and need to move up, if ETH losses 0.08 support then we see quick rise in Bitcoin dominance.