Everyone is talking about BTC dominance.
But no one seems to be talking about BTC+stablecoin dominance.
BTC+stablecoin dominance just hit its multi-cycle resistance level and got rejected.
If BTC dominance goes down, it means people are swapping their BTC for alts.
But if BTC+stablecoin dominance is going down, it means any fresh liquidity is going straight into altcoins.
This was something that happened in Q4 2020, which led to a 100x Altseason.
I guess history is about to repeat itself.