According to Cointelegraph, the crypto market shows signs of entering Altseason, with meme coins and other altcoins performing strongly. USDT dominance may drop to 2022 lows, indicating accelerated capital inflow into Bitcoin and other cryptocurrencies.
The TOTAL2 chart shows that the downward trend line since January 2025 has been broken, forming higher lows, indicating that capital is shifting from Bitcoin to altcoins. Bitcoin's dominance has dropped by 4%, marking the largest decline since November 2024.
Analyst Michael Van Poppe pointed out that Bitcoin's dominance is showing strong bearish divergence, indicating the end of the altcoin bear market. USDT dominance has dropped to 4.59% and may further decline to 3.90%.
Over the past seven days, ETH, XRP, and SOL have risen by 44.3%, 20.6%, and 22% respectively, while BTC has only increased by 10%. Many altcoins are still 70% to 90% below their all-time highs, showing recovery potential.
