Just been watching BTC bounce around that $74.6K level and honestly it's looking like a pretty solid resistance point right now. Can't seem to break through cleanly. What's interesting though is while price is struggling, the onchain energy markets are actually heating up quite a bit - some interesting activity happening under the surface.

Bitcoin dominance has been the story lately, and you can see it reflected in how the market's moving. When BTC dominance stays elevated like this, alts tend to lag, which is exactly what we're seeing. The resistance at this level combined with strong bitcoin dominance metrics is keeping things tight.

If BTC can hold here and build some momentum, bitcoin dominance could extend even further. But if it breaks down, we might see some rotation. Either way, worth keeping an eye on both the price action and those onchain energy signals - they're telling different parts of the story right now.