Bitcoin’s dominance within the crypto market is currently holding above the 57.7%-58.5% support level, with eyes set on a potential move toward 62%. This sustained presence could signify continued leadership over altcoins in market share. US and EU trading sessions have driven Bitcoin price gains, showcasing their impact on recent momentum. In contrast, Asia-Pacific markets experienced flat or slight declines. This shift contrasts with the previous weeks’ pattern of consistent selling pressure during both US and EU sessions. Based on recent data, selling activity has subsided as ETFs show limited outflows. 3 Key Technical Insights: 1) Support at 58%, a significant level that has proven strong in prior months. 2) Potential surge towards 62% resistance – if the support remains intact, this could mark a major turning point for Bitcoin’s dominance. 3) The Elliott Wave suggests the recent correction may have reached its low, with $86,416 acting as a technical bottom. A bounce above this level would suggest an end to the current correction and signal a shift in market momentum. However, a decline below $86,400 opens the door for a potential drop towards $73,801 – based on the 1.618 Fibonacci extension.