1. Bitcoin Dominance:

• If it is 60%, it means that the market capitalization of Bitcoin is twice that of the total market capitalization of all other cryptocurrencies.

• Current dominance is about 61%.

2. Growth of Altcoins:

• Despite the high dominance of Bitcoin, altcoins are already showing significant growth (NEAR has increased 6 times, SOL — 20 times from the lows).

• This indicates strong demand for altcoins, even with Bitcoin's predominance in the market.

3. Forecast:

• If Bitcoin dominance decreases to 50–40%, further growth of altcoins can be expected.

• “Altseason” could lead to an increase in the value of altcoins by 5 times or more relative to their lows.

• The starting point for analysis is suggested to be the lows from August 5, 2024.

Conclusion:

If the trend of declining Bitcoin dominance continues, altcoins have a high potential for further growth. However, for successful investments, it is important to consider current market conditions, trading volumes, and the overall sentiment in the cryptocurrency market.$BTC