比特币主导地位崩溃的确认可能预示着山寨季终于到来

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

加密货币牛市：ETH、SOL相对于BTC是否已经触底？

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

加密牛市仍在继续，虽然山寨币尚未进入典型的爆炸性山寨季节，但比特币（$BTC）继续表现良好。

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，随着 BTC 价格停滞不前，未能创出新高，且 BTC 价格目前交易价格低于 50,000 美元，以太坊 ($ETH) 和 Solana ($SOL) 相对于其 $BTC 货币对是否已经触底？

Bitcoin Dominance breakdown confirmation

比特币主导地位崩溃确认

Source: TradingView

来源：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.

观察任何山寨币大变动早期迹象的第一个图表始终是比特币主导地位（BTC.D）。自六月以来一直形成的上升楔形看起来终于要破裂了。

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%.

优势跌破楔形底部，看起来突破可能会得到确认。如果是这样，交易者和投资者就可以寻找更低的低点，以占据 54.6% 以下的主导地位，最终目标为 48% 至 40%。

ETH at huge support against BTC

ETH 对 BTC 的巨大支撑

Source: TradingView

来源：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 相对于 BTC 货币对（ETH/BTC）正处于一个非常关键的时刻。长期下降通道已将 ETH 带到非常重要的水平支撑位 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.

如果这种支撑失败，并且牛市趋势线上升也同时发生，那么 ETH 的游戏可能就结束了——至少在下一个牛市开始之前是这样。

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

反弹必须从当前水平发生，并且考虑到支撑的强度，这确实应该发生。

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.

也就是说，图表底部的随机 RSI 动量指标刚刚记录了指标线的向下转向。该线很可能会继续下行，最后有机会在 50.00 水平反弹。

This last chance must be taken.

必须抓住最后的机会。

SOL ready for massive bounce against BTC

SOL 准备好迎接 BTC 的大幅反弹

Source: TradingView

来源：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.

与 ETH/BTC 相比，SOL/BTC 图表非常看涨。最初看起来像是牛市三角旗，但在 12 月初被其上方趋势线拒绝后崩溃。

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

价格继续下跌，并停在极其重要的水平支撑位 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.

现在看来，这也可能是牛市旗形的底部，如果是这样的话，就不会发生崩溃。牛旗趋势线和水平价格水平的同时存在是巨大的支撑。

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.

预计 SOL 将继续从此处反弹，攀升至牛旗顶部，并有可能突破至历史高点。

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.

有利于 SOL 的另一个因素是图表底部的随机 RSI。指标线已经触底并刚刚开始向上。 SOL 相对于 BTC 的势头可能会急剧上升。仔细观察这一对。