Market Overview11/25 & Bitcoin Dominance

The "Alt Season" Signal: While Bitcoin was struggling to find a bottom recently, many altcoins were already setting higher lows.

Bitcoin Dominance: We are seeing a failed breakout of the 2022 trend line (retested Nov 3rd). That support has turned into resistance and is falling again.
Conclusion: This coincides with the "higher lows" in alts and is exactly what you want to see heading into the end of the cycle.

Major Assets

Bitcoin ($BTC) – Current: $86,982

Ethereum ($ETH) – Current: $2,898

ETH/BTC Ratio: Currently at 0.033. This rising ratio is a good sign. Usually, a breakdown here signals danger, but the current rise supports a continuation of the run.

Solana ($SOL) – Current: $135

Support: Had a move down to the low $120s, but this 6-month low has been "guarded and defended" multiple times.
Indicators: RSI is very low—levels haven't been this low since April. Last time RSI was here, SOL rebounded from $97 to $251.

Avalanche ($AVAX) – Current: $13.90

Outlook: Price action looks weak, but the RSI is super low (oversold), similar to other older alts.

Specific Projects & Plays

$PENGU (Pudgy Penguins) – Current: $0.01

Structure: Forming a higher low (from the previous 0.003 low).
The Setup: Currently in a falling wedge (down from the 1.6–1.7 cent range).
The Catalyst: The team usually announces major news during their Art Basel party in December.
Prediction: A solid entry spot at 1 cent; expecting it to trade very well on the upcoming Art Basel news. bought 20k at 1.4 cents

Monad (Launch)

ICO Price: $0.025 (via Coinbase). currently trading at .031 think we get good price action on it with the amount of classic DeFi protocols launching on there
Strategy: Requires a 30-day hold to avoid penalties on future ICOs.
Loophole: Saw a Coinbase exec talking about transferring it on-chain and use it as a "normal user" without getting penalized, as opposed to fully stacking and selling immediately will get you penalized for future ICOs

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