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The chart frustrating altcoin investors is still ongoing. 👨‍🔬 ♦️ BTC dominance is currently around 60.1%, compared to the 58.5–59% range at the start of the month. As Bitcoin gains share of the total crypto market, many altcoins are facing even tougher conditions. ♦️ Interestingly, while open positions in leveraged trading have risen across the broader market in recent weeks, BTC has seen a pullback. If leverage is shifting toward altcoins, the potential for sharp moves increases—but this doesn’t mean the altcoin season has begun. We first need to see dominance clearly decline and altcoins demonstrably outperform BTC. Otherwise, expecting your entire portfolio to surge just because BTC moved slightly could again lead to disappointment. 🙃

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