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$XRP

Concern about Altcoin Performance:

Bitcoin dominance (BTC%) is rising while its price continues to sell off, which is unusual compared to the stability of the S&P500.

This could be a sign of potential weakness in the altcoin market.

Portfolio Management:

I recently entered long positions on several altcoins anticipating an alt season, but the continued decline is concerning.

Market Observation:

This situation highlights the difficulty of navigating the cryptocurrency market.

Long-Term Outlook:

While the short-term picture for altcoins is uncertain, I remain cautiously optimistic as long as the S&P500 holds strong.