The BTC dominance rate has finally started to decline in the past couple of days, currently stabilizing around 62%. However, overall it is still in an upward channel. The last time there was such an obvious pullback was at the end of 2024, when on-chain AI suddenly became popular, and later Trump’s token directly drained the last bit of liquidity💧
Currently, the BTC dominance rate seems stable; as long as it doesn't drop below the key level of 60%, altcoins can catch a breather for now🫡. But if there are any heavyweight tokens released later, combined with the dominance rate approaching 60%, then altcoins might end up in trouble again…#山寨季何时到来