Currently, many crypto investors, often beginners, are asking themselves questions like why Bitcoin is rising while altcoins are not, why altcoins are struggling, and why altcoins are constantly undergoing corrections. We are seeing very high Bitcoin dominance, meaning a significant number of people are buying Bitcoin and holding it as a long-term investment. Bitcoin dominance is currently above 61%. Sooner or later, this dominance will correct—perhaps from today's levels, or it might continue to rise until it reaches 70% before correcting. When the dominance begins to correct, we will enter an altseason. You can look at examples of what happened when Bitcoin dominance was around 40-50%.
#btc #ada #MarketDownturn