Bitcoin dominance has quietly crept back to the 60% mark. If you're only watching BTC's price action, you might miss the real story unfolding in the broader market's liquidity dynamics. Let's break down what 60% BTC.D actually signals from a market structure perspective. It indicates a severe contraction in altcoin risk appetite. Capital isn't necessarily leaving the crypto ecosystem; it's rotating up the risk curve back to the baseline asset. Institutional flows and structural mechanics heavily favor BTC, creating a liquidity vacuum for mid- and low + altcoins. For active traders, this is a crucial regime