According to BlockBeats, data from TradingView indicates that Bitcoin's market dominance (BTC.D) has remained above 60% for over a month since February 2, currently standing at 61.25%. The market appears to be in a stagnant phase.
Analyst ai_9684xtpa shared historical data showing that when Bitcoin's market dominance reached 60% last November, altcoins experienced a minor bull market. In 2019 and 2021, Bitcoin's dominance peaked at 70%, followed by significant market-wide rallies.
