Bitcoin dominance declines, altcoin season may have arrived!
Bitcoin’s market dominance has fallen to 56.1%, below two-year support, which may mean that the crypto market has officially entered “copycat season.” Investors are withdrawing funds from BTC positions and focusing on altcoins, which undoubtedly brings more speculation opportunities to the market.
Especially for Ethereum, as the demand for Ethereum exchange-traded funds (ETFs) surged by more than 160%, the market's confidence in its prospects has increased significantly. Analysts are generally bullish on ETH, which is expected to break through the $4,000 mark.
However, as the market changes, opportunities always go hand in hand with risks. Can altcoins truly experience a “big rise”? Don't worry, lock in the beast, crack the market code with you, and seize investment opportunities steadily!
