📉 After a strong run, $BTC dominance has rejected from major resistance and started to pull back. Even when adjusted for stablecoins, we’re seeing the same early signs of weakness.
📝 Historically, this kind of shift has been a precursor to capital rotation into altcoins. We might still be far from full-blown altcoin euphoria, but this could be the beginning of a transition from a BTC-led market to a broader risk-on phase, especially when the market starts pricing in a rate cut.
💡 Keep in mind: the biggest alt runs tend to come when BTC consolidates near highs while dominance fades. If this move confirms, it might be time to prepare.
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Is #Bitcoin dominance finally starting to crack?
I think we’re getting the first real signal.
📉 After a strong run, $BTC dominance has rejected from major resistance and started to pull back. Even when adjusted for stablecoins, we’re seeing the same early signs of weakness.
📝 Historically, this kind of shift has been a precursor to capital rotation into altcoins. We might still be far from full-blown altcoin euphoria, but this could be the beginning of a transition from a BTC-led market to a broader risk-on phase, especially when the market starts pricing in a rate cut.
💡 Keep in mind: the biggest alt runs tend to come when BTC consolidates near highs while dominance fades. If this move confirms, it might be time to prepare.