📢📢📢📢Dominance $BTC still sets the tone for the market
On May 8, Bitcoin dominance reached a peak of 64.4%. Since then, there has been a noticeable shift:
• $ETH rose to 9.75% (+3%)
• Altcoins — to 22.35% (+2%)
• Stablecoins decreased to 6.3%
Yes, capital has started to flow into Ether and altcoins. But it's important to remember:
• Peak values for $ETH — 18%, for altcoins — 28.5%
• We are still far from alt-season
• This is still a cycle driven by BTC
It’s too early to dismiss $BTC . Altcoins may begin to move — but only in the shadow of Bitcoin. We are monitoring the dynamics and preparing the portfolio for the next impulse.