Bitcoin dominance sits at 59.09%, a level that historically signals Bitcoin continues to command the lion's share of crypto capital. For context, altcoin season typically ignites when BTC dominance breaks below 50-55%, as capital rotates from the store-of-value narrative into higher-beta assets. At nearly 59%, we're still in a "Bitcoin-first" market structure — altcoins aren't dead, but they're fighting upstream against BTC's gravitational pull.

This isn't necessarily bad for alts long-term. High dominance often precedes violent reversions. The 2020-2021 cycle saw dominance drop from 70% to 39% in months. The 2017 cycle from 85% to 32%. Patience pays.

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