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3 days ago after losing ATH and the start of the correction, Bitcoin's dominance started to drop from 64.43% to cca. 62%, which at that moment wasn't obvious, because all the alts were falling. Today the picture is a bit cleaner, some alts started to outperform BTC again, but we're not out of the short-termed downtrend just yet.

On high time frame BTC looks bullish, weekly chart doesn't even shows the signs of retracement.

Daily chart is similar to January's correction, back in those days there was a cca. 30% correction, now we're at 24.5%, another few percents in the upcoming days could happen, but it's not necessary. Alts suffered greater losses so far in this correction, within a few days we will see which direction are we heading. We may retest January's levels somewhere at 40-42k, or 44k could be the new support line and after the accumulation we can retry to hit 60k, that could be a stronger resistance level, but as we thought that at 40k and 50k, who knows how much time we spend at that level before we aim the next levels.

4h chart looks a bit more optimistic, right now we are balancing at the support line, if we can keep it, 52k serves as the resistance level, if we clibm up to 52k, and the price will not dumped that could be a good sign.

Hourly chart doesn't completely confirms the end of the downtrend, but RSI shows some early signs of bulls are not sleeping yet, but we are yet below the resistance line, which is between 48.5k and 52k, we will see how strong are the bulls and bears.