Altcoins Are Tracking Bitcoin's Price Action Again
When altcoin correlation with Bitcoin turns negative and hits low values, it often signals high-risk zones for the market. This was observed when BTC traded near $108k.
Now, altcoins are back to following BTC's price action—if BTC drops, they are likely to follow, and if BTC rises, they should climb too.
We're currently in a phase where Bitcoin's dominance typically stabilizes or continues to rise.