$BTC.D looking quite bearish on the monthly after last month’s clear bearish retest.

If this month’s candle closes red, it sets up a much larger down-leg for next month.

And even if we don’t see full continuation immediately, we should at least open lower and sweep the September lows early in the month.

Either way, the near-term picture remains supportive for altcoins in my opinion.

Structure is weakening on dominance, and that usually gives alts room to breathe.