比特幣主導地位崩潰的確認可能預示著山寨季終於到來

Crypto Bull Market: Have ETH, SOL Hit Bottom Against BTC?

加密貨幣多頭：ETH、SOL相對於BTC是否已經觸底？

The crypto bull market continues, and while altcoins have yet to enter a typical, explosive altseason, Bitcoin ($BTC) continues to perform well.

加密貨幣牛市仍在繼續，雖然山寨幣尚未進入典型的爆炸性山寨季節，但比特幣（$BTC）繼續表現良好。

However, as BTC price stalls and fails to make new highs, and as BTC price now trades below $50,000, have Ethereum ($ETH) and Solana ($SOL) hit bottom against their $BTC pairs?

然而，隨著BTC 價格停滯不前，未能創出新高，且BTC 價格目前交易價格低於50,000 美元，以太坊($ETH) 和Solana ($SOL) 相對於其$BTC 貨幣對是否已經觸底？

Bitcoin Dominance breakdown confirmation

比特幣主導地位崩潰確認

Source: TradingView

來源：TradingView

The first chart to watch for the early signs of any big altcoin move is always Bitcoin Dominance (BTC.D). An ascending wedge that has been forming since June looks to finally be breaking down.

觀察任何山寨幣大變動早期跡象的第一個圖表始終是比特幣主導地位（BTC.D）。自六月以來一直形成的上升楔形看起來終於要破裂了。

Dominance broke below the bottom of the wedge, and it looks like the break may be confirmed. If so, traders and investors can then look for a lower low to take dominance below 54.6%, with an eventual target of 48% down to 40%.

優勢跌破楔形底部，看起來突破可能會得到確認。如果是這樣，交易者和投資者就可以尋找更低的低點，以佔據 54.6% 以下的主導地位，最終目標為 48% 至 40%。

ETH at huge support against BTC

ETH 對 BTC 的巨大支撐

Source: TradingView

來源：TradingView

ETH is at a very critical point against its BTC pair (ETH/BTC). A long-time descending channel has brought ETH to a hugely important horizontal support level at 0.036 BTC.

ETH 相對於 BTC 貨幣對（ETH/BTC）正處於一個非常關鍵的時刻。長期下降通道已將 ETH 帶到非常重要的水平支撐位 0.036 BTC。

If this support were to fail, and also the coincidence of the ascending bull market trendline, it would likely be game-over for ETH - at least until the start of the next bull market.

如果這種支撐失敗，而牛市趨勢線上升也同時發生，那麼 ETH 的遊戲可能就結束了——至少在下一個牛市開始之前是這樣。

A bounce must occur from this current level, and given the strength of the support, this really should happen.

反彈必須從當前水平發生，並且考慮到支撐的強度，這確實應該發生。

That said, the Stochastic RSI momentum indicator at the bottom of the chart has just recorded a turn down of the indicator line. This line is very likely to continue down, with a last chance to bounce at the 50.00 level.

也就是說，圖表底部的隨機 RSI 動量指標剛剛記錄了指標線的向下轉向。該線很可能會繼續下跌，最後有機會在 50.00 水平反彈。

This last chance must be taken.

必須抓住最後的機會。

SOL ready for massive bounce against BTC

SOL 準備好迎接 BTC 的大幅反彈

Source: TradingView

來源：TradingView

Compared to ETH/BTC, the SOL/BTC chart is incredibly bullish. What initially looked like a bull pennant, broke down in early December after being rejected from its upper trendline.

與 ETH/BTC 相比，SOL/BTC 圖表非常看漲。最初看起來像是牛市三角旗，但在 12 月初被其上方趨勢線拒絕後崩潰。

The price carried on down and came to rest on top of the massively important horizontal support level of 0.00186 BTC.

價格持續下跌，並停在極其重要的水平支撐位 0.00186 BTC 之上。

It now appears that this could also be the bottom of a bull flag, and if this is the case, a breakdown wouldn’t have occurred. The concurrence of the bull flag trendline and the horizontal price level are acting as massive support.

現在看來，這也可能是牛市旗形的底部，如果是這樣的話，就不會發生崩潰。牛旗趨勢線和水平價格水平的同時存在是巨大的支撐。

It would be expected that SOL continues to bounce from here, with a climb back to the top of the bull flag and a potential breakout from there back to all-time highs.

預計 SOL 將繼續從此處反彈，攀升至牛旗頂部，並有可能突破至歷史高點。

A further factor in favour of SOL is the Stochastic RSI at the bottom of the chart. The indicator lines have hit the bottom and are just starting to turn upward. The momentum for SOL over BTC is likely to rise steeply. Watch this pair closely.

有利於 SOL 的另一個因素是圖表底部的隨機 RSI。指標線已經觸底並剛開始向上。 SOL 相對於 BTC 的勢頭可能會急劇上升。仔細觀察這一對。