$BTC What does this mean?

1. Growth of Altcoins: The decrease in Bitcoin's dominance is often associated with increased activity in the altcoin segment. This is evident in the previous chart: many altcoins, such as XLM and KSM, have shown significant growth.

2. Stability of BTC: Despite volatility, Bitcoin remains the primary choice for large investors. Its dominance above 59% indicates a strong position, although a redistribution of capital to other assets is not excluded.

Forecast:

• Short-term: Bitcoin's dominance is likely to continue fluctuating in the range of 58-60%. If altcoins maintain their current growth, this figure may drop to 58%.

• Medium-term: With strong news about Bitcoin (such as ETF launches, SEC decisions, or regulatory news), dominance may return to 60% and above.

Tips for Traders:

• Attention to Altcoins: The decrease in Bitcoin's dominance creates good opportunities for short-term trades with altcoins.

• Watch Bitcoin: If the price of BTC starts to rise above $100,000, it may attract capital back from altcoins.