Altcoins are showing strength today, with a number of sustained uptrends on the 4-hour and even 12-hour timeframes. Against this backdrop, #BTC dominance (we haven't analyzed it in a while; we'll return to it in a separate analysis) has, for the first time since October 1, returned to a sustained downtrend on the 4-hour timeframe.

Meanwhile, let's look at the altcoin picture. For today:

- On the 4-hour timeframe, 26 assets have moved into a sustained uptrend, including #DOGE, #XRP, and #BCH.

- What’s much more interesting is that 5 assets have moved into a sustained uptrend on the 12-hour timeframe. This time, we’re showing all of them, along with their primary and additional targets, potential breakdown levels, and liquidity zones on this timeframe. #COMP, #CRV, #CVX, #PEPE, #WLD.

The 12-hour timeframe is the most interesting setup of the day because it raises the question of whether the bullish trend is likely to continue. The potential-high labels for altcoins that have accumulated recently on the 3-day and weekly timeframes are becoming blurred.

BUT so far, these are only 5 assets out of the TOP 200, and far from the top-tier ones. So overall, we’re sticking to our view on the correction outlook—it remains valid until #BTC breaks through its sustained downtrends on the 12-hour and 18-hour timeframes.

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