An analyst has linked the astrological phenomenon of blood moons to potential bearish trends in the crypto market, suggesting a connection between celestial events and price fluctuations since May 2021. This analysis highlights the influence of external factors beyond traditional market indicators. The analyst cites historical examples of blood moon periods coinciding with downturns in the Bitcoin market. Another blood moon is expected today, which the analyst anticipates may trigger a temporary bearish state for BTC, potentially leading to a drop below $100,000. Conversely, they predict that altcoins will see increased buying pressure as USDT Dominance moves into a descending triangle pattern. This suggests the return of risk-on sentiment in the market, possibly leading to an upward trend in the altcoin sector.