BTCDOM - Sets New Highs 🏔

The Bitcoin Dominance Index, which measures the ratio of $BTC capitalization to the entire crypto market's capitalization, set a new yearly high above 58%.

📊 At the same time, the alt is practically not reduced. The growth of dominance occurs due to the restoration $BTC amid a sideways movement in altcoins. This situation suggests that some altcoins have already reached their bottom.

Entering alts in the medium term is still quite risky, and I am waiting for a signal of a change in mood - the index breaking through the ascending trend and consolidating above it.

💁‍♂️ Until then, I plan to focus on $BTC , and in the case of opening positions on alts, I will count on short-term transactions.

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