Stay calm, the altcoin rally is not over yet.

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

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

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