The market is in protection mode: BTC dominance broke through 60.98% - what does this mean for the portfolio?
Capital continues to flow from high-risk assets to the main asset of the market. The dominance of bitcoin has reached 60.98% - this is the peak value since May 2026. While $BTC holds its positions relatively confidently, altcoins and meme coins take on the main blow of the sales.
Let's analyze what is happening now under the hood of the market:
A blow to high-beta assets: Meme-coins led the decline, seeping by an average of 3.77%. When liquidity shrinks, speculative sectors are the first to lose the support of buyers.
Critical zone for altcoins: Against the background of running away from risk, many altos balance on the verge of a putch. In particular, analysts highlight dangerous levels for $HYPE and $ONDO - if current support is lost, the correction may deepen to $53 and $0.19, respectively.
Surrender of "weak hands": On-chain data records the sending of 47,000 BTC by short-term holders to the exchanges at a loss. This is a classic sign of ongoing deleverage and washing out of the speculative shoulder.
The main conclusion for traders:
The market is in a phase of rigid rotation. While the dominance of BTC updates the semi-annual highs, aggressive purchases of altcoins without clear stops carry an increased risk. The capitulation of short-term holders often precedes the local bottom of bitcoin, but the altseason is postponed until the stabilization of BTC
Capital continues to flow from high-risk assets to the main asset of the market. The dominance of bitcoin has reached 60.98% - this is the peak value since May 2026. While $BTC holds its positions relatively confidently, altcoins and meme coins take on the main blow of the sales.
Let's analyze what is happening now under the hood of the market:
A blow to high-beta assets: Meme-coins led the decline, seeping by an average of 3.77%. When liquidity shrinks, speculative sectors are the first to lose the support of buyers.
Critical zone for altcoins: Against the background of running away from risk, many altos balance on the verge of a putch. In particular, analysts highlight dangerous levels for $HYPE and $ONDO - if current support is lost, the correction may deepen to $53 and $0.19, respectively.
Surrender of "weak hands": On-chain data records the sending of 47,000 BTC by short-term holders to the exchanges at a loss. This is a classic sign of ongoing deleverage and washing out of the speculative shoulder.
The main conclusion for traders:
The market is in a phase of rigid rotation. While the dominance of BTC updates the semi-annual highs, aggressive purchases of altcoins without clear stops carry an increased risk. The capitulation of short-term holders often precedes the local bottom of bitcoin, but the altseason is postponed until the stabilization of BTC
