BTC 90k, and alts continue to suffer 👀
After btc gave a small correction, many alts lost 15 to 25% in price, which may really seem like a lot, given the current euphoria on the market.
At this point, you just need to look at the dominance. There is nothing surprising in such market behavior. While all attention is on bitcoin, MM is not going to lead and hold alts. After all, the glasses for 95% of assets are still empty, like in the worst times of the market.
Until BTC realizes its full potential, dominance will grow and alts will show weakness at every pullback.
For example, during the last bullish cycle, dominance began to fall only when BTC made x2 from the highs (40k), after a month of growth and taking this mark, a global correction followed. After this correction, bitcoin continued its growth, but already under the falling dominance.
Logically, now we will have a similar situation and asset behavior, so it makes sense to pick up a spot on such drops.
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