The altcoin dominance chart signals a potential market correction. On the two-day timeframe, the RSI[120] index has surpassed the 58.5 level, while the Pifagor MFI tool has formed a primary bearish signal. This convergence of two technical signals suggests the possibility of a prolonged pullback in the cryptocurrency sector in the coming period. This may indicate a local correction that traders and analysts should monitor when observing altcoin dominance dynamics. The market is demonstrating typical signs of retreating from current growth, creating potential opportunities for position reassessment.

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