according to glassnode, total spot volume is running close to 4 times bitcoin’s. that is the 7-day ratio, and it is the highest level since september 2025. the median on this chart sits near 3 times. anything above that means more of the volume is outside $BTC . the ratio is not market-cap dominance. it is how much is changing hands. a rise means traders are rotating into alts, not that bitcoin’s share of value has collapsed. bitcoin still holds about 58% of market cap. the heat map turns red when that rotation runs hot. this pattern has often lined up with local bitcoin tops. the same ratio spiked near 5 times in late 2023, early 2025, and mid-2025. those peaks did not all end the cycle. they did mark periods when risk moved faster than $BTC itself. so 4 times is elevated, not a blow-off. watch whether the ratio holds above 3 times as bitcoin sits near $85,000, or whether it fades back toward the median. a fade would say the move is still bitcoin-led. a push through 5 times would say the froth is back. the ratio tells you where the volume is. it does not time the top by itself. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# $XRP #Altcoin Season#