I want to share my analysis right away on Bitcoin #BTC dominance and the potential onset of altcoin season this summer.

🔤Bitcoin dominance in the market continues to decline after breaking out of the ascending wedge, indicating a possible approaching altcoin #AltcoinInvesting season. Current market conditions suggest that altcoins may begin to rise if Bitcoin remains at roughly the same level or above $70,000.

🔤This situation creates favorable conditions for portfolio diversification with an increased share in altcoins. However, it is important to consider market volatility and monitor key support and resistance levels. If Bitcoin fails to stay above $70,000, altcoins may face a correction.

🔤Therefore, it is recommended to closely monitor Bitcoin's price movements and be prepared for potential changes in market dynamics to timely adapt your trading strategy.