Dominance hitting 3 higher highs and 3 higher lows

https://preview.redd.it/ygw9qr6xzvje1.png?378&format=png&auto=webp&s=6fb7d5d4da6a15fb51247e6afdfa0e43153092c7

Hello everyone,

Like the title says, the dominance is hitting higher highs and higher lows on the daily timeframe. Normally this would be a bullish sign, but since this is the dominance and not a certain coin/token, does the same theory count?

Is this a bullish momentum that will stretch further or could a reversal be looming quite closely? It has to break down eventually, but I wouldn't be surprised if it first hits 70%. So many factors are coming into play; lower liquidity on the OTC market for instance. Barring black swan events, seems bullish to me.
What are your thoughts? Please be kind and don't flame or troll. We are all in this space together.

Kind regards,

DannyHodler