Altseason hinges on one thing: $BTC dominance breaking down.
If Bitcoin's market share starts declining, $ETH typically leads the rotation. That's when capital floods into altcoins.
The logic is simple: when traders feel $BTC has topped out or entered consolidation, they rotate profits into higher-beta plays. Ethereum usually absorbs that flow first because it's the gateway to DeFi, NFTs, and the broader altcoin ecosystem.
Once $ETH gains momentum, the risk appetite spreads. Mid-caps pump, then small-caps follow. That cascading effect is what defines altseason.
Right now, $BTC dominance is still elevated. Until it cracks, altcoins stay range-bound. Watch that chart closely.
If Bitcoin's market share starts declining, $ETH typically leads the rotation. That's when capital floods into altcoins.
The logic is simple: when traders feel $BTC has topped out or entered consolidation, they rotate profits into higher-beta plays. Ethereum usually absorbs that flow first because it's the gateway to DeFi, NFTs, and the broader altcoin ecosystem.
Once $ETH gains momentum, the risk appetite spreads. Mid-caps pump, then small-caps follow. That cascading effect is what defines altseason.
Right now, $BTC dominance is still elevated. Until it cracks, altcoins stay range-bound. Watch that chart closely.
