### Phases of the Altseason Path:
1. Phase 1: Bitcoin
- Money flows into Bitcoin, causing price surges.
- Bitcoin dominance rises as Ethereum and other altcoins struggle to keep up.
2. Phase 2: Ethereum
- Ethereum starts outperforming Bitcoin, and discussions about "the flippening" intensify.
- Overlap occurs as money begins to trickle into larger altcoins.
3. Phase 3: Large Caps
- Ethereum continues to outperform Bitcoin, and large-cap altcoins experience parabolic growth.
- Some smaller-cap coins with strong fundamentals also show significant pumps.
4. Phase 4: Altseason
- Large caps go vertical, and mid, low, and micro caps join the rally simultaneously.
- Nearly all altcoins exhibit parabolic moves due to market-wide euphoria.
### Chart Insights:
- Bitcoin Dominance:
The chart shows Bitcoin dominance peaks, marked by red circles, aligning with the described phases.
- 2017: A peak, leading to a drop and subsequent altseason.
- 2021: Another dominance peak before altcoins surged.
- Current (2025 projection): Bitcoin dominance approaches a critical resistance (~66%), potentially signaling a new altseason if it reverses.
- RSI (Relative Strength Index):
- An ascending RSI trendline suggests growing momentum in the dominance cycle, but current levels indicate overextension, often preceding a reversal.
### Current Position:
It appears that Bitcoin dominance is approaching a critical top, suggesting a transition from Phase 1 (Bitcoin) or 2 (Ethereum) toward Phase 3 (Large Caps). This aligns with market dynamics potentially favoring altcoin rallies.