Why Aren’t Altcoins Pumping? Here’s Why
As Bitcoin surges, now trading at $98,000, many traders are left wondering why altcoins are lagging behind. The primary reason lies in Bitcoin Dominance.
Current Bitcoin Dominance: 61.44%
Bitcoin currently holds 61% of the market's total liquidity, meaning the majority of investment capital is concentrated in BTC. As the leading cryptocurrency, Bitcoin remains the go-to choice for investors, especially with major institutional players like Michael Saylor continuing to accumulate.
When Will Altcoins Rally?
Altcoins tend to perform best when Bitcoin Dominance reaches its peak and begins to decline. Historically, this happens after Bitcoin sets a new all-time high and starts consolidating. This shift in liquidity often marks the beginning of Alt Season.
In past bull markets, Bitcoin Dominance has typically peaked around 60-65%. We are now approaching those levels, suggesting a potential shift may be on the horizon.
How to Prepare for Alt Season
Timing Is Crucial: Crypto markets demand patience and careful positioning. While Bitcoin dominates for now, this is the time to build a strong portfolio of altcoins ahead of a potential liquidity shift.
Track BTC Dominance: Watch Bitcoin Dominance charts closely and look for signs of a reversal or consolidation at key levels.
Position Early: Altcoins usually gain momentum once Bitcoin begins to stabilize. Positioning yourself before this shift will maximize your opportunities.
Pro Tips for Binance Users
Keep an eye on Bitcoin Dominance charts.
Watch for signs of consolidation in Bitcoin.
Diversify into promising altcoins now to prepare for the next phase.
Success in crypto hinges on patience and timing. The shift of liquidity from Bitcoin to altcoins is inevitable—it’s just a matter of when. Stay focused, remain strategic, and get ready for the next leg of the market cycle.
“Things don’t happen to you, they happen for you.” 🚀
