Stay calm, the rally of altcoins is not over yet.

Since Bitcoin's market cap dominance reached a new high of 61% in recent years, it has touched the weekly resistance level of the past few years and has begun to pull back as expected. As the altcoin market continues to expand, Bitcoin's market cap dominance will naturally be diluted periodically, which I believe is an inevitable trend.

In my personal view, Bitcoin's market cap dominance may have reached its peak in this wave. From a macroeconomic perspective, as the possibility of interest rate cuts in December continues to increase, the funding environment in the crypto space will become more relaxed, which will further stimulate market activity.

Therefore, I expect December to be the real breakout period for altcoins. So, don't panic, the altcoin market is still ongoing.