$BTC knocks out long traders, while the dominance is 58.2%, and high volatility indicates that "hamsters" are being "shaved" en masse on altcoins. Panic is contagious, so it's better to stay in spot and simply wait it out.
At the bottom, when signs of growth appear, it will be wise to buy more altcoins.
Remember: buy on fear, sell on greed.
This is not financial advice — always think for yourself.
Trade wisely and earn!