Altcoins are demonstrating surprising resilience despite Bitcoin's recent price correction. According to NegenTropic, the X account of Glassnode co-founders Jan Happel and Jan Alleman, this indicates a potential capital rotation from Bitcoin to altcoins. Bitcoin is currently testing the $113,000-$114,000 range, and its dominance in the cryptocurrency market is declining. This decline in Bitcoin dominance often signals increased interest and investment in alternative cryptocurrencies. Ethereum (ETH), in particular, is performing well, further solidifying the narrative of altcoin strength. This trend suggests investors are seeking diversification and potentially higher growth opportunities within the altcoin market. While Bitcoin remains the dominant cryptocurrency, the current market dynamics highlight the increasing maturity and potential of the broader altcoin ecosystem. Further monitoring of Bitcoin's price action and altcoin performance will be crucial to understanding the longevity and strength of this capital rotation. ```

#BTC #ETH