$ETH After observing dom, it has increased by 63.18% according to CoinMarketCap. And the altcoin with the most significant decline is ETH, which has dropped by 68%-69% from its peak.

The long-term goal is for dom to rise to the peak of 69-70% as it historically did in 2017-2018. Altcoins could lose an additional 30%-44% at the current price if history repeats itself after a slight recovery.

The likelihood of this happening is almost 50% as the monthly frame for ETH shows the signal line has been far from MACD for a long time. It is possible that in 1-2 months, BTC dominance will reach a peak of 70%.

Since the weekly frame is currently oversold, the chance for a short-term recovery is also about 40% in the short term.

With the economic situation being quite unpromising, altcoins may not be able to recover. However, depending on the coin, some may perform well in this recovery wave. For example, SOL is currently showing fairly good weekly support.