#Write2Earn - Will the crypto market enter an altseason in May 2025?.

$BNB The altseason could be on the horizon as momentum shifts in the crypto market. Bitcoin's dominance fell sharply, from over 65% to 63.89%, just as BTC surpassed $100,000 for the first time since February 3.

This triggered a broad rally of altcoins, with Ethereum rising nearly 13% and major names like SOL, DOGE, and ADA each gaining over 6%. Combined with a rebound in the ETH/BTC ratio from its lowest levels since 2020, the scenario suggests a possible rotation towards altcoins for the first time in months.

Is the altseason coming? Bitcoin's dominance falls as ETH and the majors rise.

Bitcoin's dominance fell sharply from over 65% to 63.89% in just a few hours after BTC surpassed $100,000 for the first time since February 3.

This shift has caused a strong rally of altcoins, with Ethereum jumping more than 20%, while Solana SOLUSD, Dogecoin DOGEUSD, and Cardano ADAUSDT each increased by more than 6%.

Until yesterday, Bitcoin's dominance was at its highest level since January 2021, showing how BTC aggressively outperformed the overall market in recent months.

A sudden reversal like this often signals a rotation of capital, with traders starting to shift profits from BTC to altcoins. Recently, the CEO of CryptoQuant, Ki Young Ju, called the Bitcoin Cycle Theory obsolete as TradFi takes control.

Adding to this narrative is the ETH/BTC ratio, which recently reached its lowest level since 2020, marking a prolonged underperformance of Ethereum relative to Bitcoin.

A rebound from historical lows could indicate the beginning of a structural shift in favor of altcoins. If BTC's dominance continues to fall while ETH/BTC rises, it would be a strong signal that the market is transitioning towards an altseason, with increasing altcoin volumes and capital rotating.