Bitcoin now needs a new catalyst for a price pump.
US-China trade resolution, low CPI and China QE are mostly priced in.
The recent rally has mostly been driven by perps, which is why ETF inflows are declining.
But for alts, the situation is a bit different.
A lot of alts are getting shorted heavily, which could result in more upward continuation.
Also, BTC dominance is showing weakness, which means more strong for alts.
The best bet now would be "long utility alts which have broken out of their USD and BTC pair".