According to Mihir (@RhythmicAnalyst), traders are advised to monitor Bitcoin and altcoin price trends on a weekly (1W) timeframe to maintain mental well-being and make informed trading decisions. This approach helps in avoiding emotional distress caused by daily market fluctuations.

According to Cas Abbé, the BTC dominance chart is showing a clear bearish divergence on the weekly timeframe. The February wick is considered the likely top, indicating potential for a drawdown. With quantitative tightening (QT) expected to slow down next week, Cas Abbé anticipates a decrease in BTC dominance, suggesting a bullish outlook for alternative cryptocurrencies (alts).

According to Crypto Rover, a bearish divergence in Bitcoin's dominance has been confirmed on the weekly timeframe, suggesting potential upcoming shifts in market dynamics. This indicator could imply a weakening of Bitcoin's market share relative to other cryptocurrencies, possibly affecting trading strategies focused on altcoins.