Dominance chart is finally looking cooked and breaking down, feels like the liquidity is rotating. Is this the start of altseason for real or are we getting baited again? I'm already loading up my bags just in case.
I'm not buying the doom and gloom on BTC just yet, dominance can fluctuate for various reasons and doesn't necessarily mean the end of the cycle. If the sentiment shifts too far towards alts, it's probably a buying opportunity for BTC.
idk about the rotation into alts, but im definitely seeing a lot of interest in ETH and ADA lately, maybe thats where the action is. also, the alt market has been stagnant for a while, a decent upswing in overall sentiment could push some of these coins up significantly. would love to see LUNA or AVAX take off, been eyeing those for a potential buy.
I think people are getting a bit ahead of themselves, BTC's dominance is still relatively high at around 40% and we've seen this kind of "rotation" before where it's just a minor fluctuation. Until we see a clear break below 30% dominance, I'm not convinced this is the start of a massive alt season.
I'm not convinced it's a massive rotation into alts yet, I mean, we've seen small spikes in some alt coins lately but not a real significant move. I think we'll need to see a sustained period of decline in BTC dominance before I start calling it a rotation, otherwise it's just noise.
I've been waiting for this moment for months and I'm convinced we're on the verge of a major alt season. BTC dominance has been in a downtrend since October and altcoins like ETH, ADA, and MATIC have been quietly building up for a breakout. My alt portfolio is on high alert, anyone else getting ready for some wild ride?
I'm actually a bit skeptical about this rotation into alts, I mean we've been hearing about it for months now and I haven't seen any real significant shift in capital flow. That said, a slight decline in BTC dominance could signal the start of a rotation, but we need to see some serious gains in the alt market before we can call it. Has anyone noticed any significant altcoin price movements recently?
I've been saying it for months, btc dominance was due for a correction and now that it's happening alts are gonna moon. We're already seeing some crazy pumps in the lower caps and I think this is just the beginning. Time to diversify those portfolios and get ready for a wild ride
I think this could be it, been watching the altcoins for weeks and finally started seeing some serious green across the board, even my usually sleepy ETH is looking pretty good lately. Haven't seen the BTC dominance drop like this since 2021, hopefully it's a sign of a bigger shift into the smaller caps. Still cautiously optimistic though, don't want to get ahead of myself just yet.