๐ Overview
Bitcoin dominance is back at 52.5%, rising steadily since early May. Historically, such moves delay major altcoin rallies. Why is BTC soaking up liquidity, and what does this mean for altcoins like ETH, BNB, and MATIC?
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๐ Key Points
BTC remains stable above $67,000
ETH/BTC chart shows weakness โ Altcoins bleeding slowly
Traders shifting capital from altcoins to Bitcoin
Dominance level above 53% historically signals delayed alt season
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๐ง Summary
Until BTC cools down or stabilizes longer, altcoins may continue lagging. Investors should watch dominance charts and ETH/BTC closely before rotating into alts.
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