I did a little analysis on alts, if you are interested, leave your opinion in the comments:
A review of#altcoinsfrom Rich Dad📈
🟢Bitcoin dominance has updated the local maximum and reached 57.7%, but it is already rebounding downwards. We saw something similar in December 2023 and April 2024, when after updating the maximums, dominance fell by 6-7%. Perhaps something similar will happen this time.
🟢Altcoin capitalization was falling, but now it is rebounding from the lower boundary of the descending channel, showing the opposite movement from the BTC dominance movement.
Apparently, there is a transfer of funds from BTC to altcoins.
⚠If everything goes as it should, and BTC remains in place, or even continues to grow, we will see a good upward movement in the altcoin market.
