The slowing pullback provides opportunity for bulls to regain control.

What clues does the Collective Forecast toolkit provide?

Scoutlist

Let's take a look at the latest data from our Scoutlist survey tool:

Key Metrics

BTC

Dominant Direction: Short

Dominance Coefficient: 13% of 100%

Timeframe Dominance: 69% of 100%

ETH

Dominant Direction: Short

Dominance Coefficient: 8% of 100%

Timeframe Dominance: 62% of 100%

MATIC

Dominant Direction: Long

Dominance Coefficient: 2% of 100%

Timeframe Dominance: 53% of 100%

XLM

Dominant Direction: Long

Dominance Coefficient: 19% of 100%

Timeframe Dominance: 77% of 100%

Declining short-term indicators accompanied divergence. Values are minimal without clear directional dominance. However, strong local longs point to a likely rebound.

Yesterday's 3-7% drops on BCH, ATOM, and AAVE contrast BTC's sideways trade. No major altcoin situations currently.

Indicators

Now examining the Collective Forecast indicators across timeframes:

BTC

Globally, slowing correction evident through fading bear volumes.

Medium-term short signals. 4-hour trend test without seller response.

Lower timeframes approach trend resistance as bull volumes stay muted.

ALTS

Globally, sellers more active than BTC. Many assets fail to break into bull trends. Oversold and accumulation barely unwinding on most.

Medium-term retains downtrend. Continued decline wave.

Local bear trends strongly oversold with bullish signals – a bounce seems likely.

In summary, as of October 4 UTC morning, low dominance and uncertainty persist. Local direction tilts long but alts lag BTC.