$BTC thought: Aside from the decline in dominance of altcoins and their prolonged stagnation, in a bottom that even the most pessimistic could not have predicted, disappointment is the main outcome. Today, most participants in the altcoin market who have not yet capitulated are ready to liquidate their positions. Perhaps only partially, perhaps only some positions, but with decisiveness and determination, because the level of disappointment has exceeded the level of tolerance for this type of participant. And it's okay if it were just a matter of prices, but in this case, it has been time that has done greater damage to the mental and emotional stability of retail investors.

Even with a negligible growth of 100% in altcoins in the future, the participants in the market, now exhausted, will be very happy to exit at breakeven or with a small profit.

The biggest test, after this exhausting accumulation phase, will be the movement that cryptocurrencies will make. Anyone witnessing a much-anticipated and swift growth, even just 50-100%, will hardly be able to resist the impulse to reduce their positions or close them entirely.

I am convinced that soon, violent movements in the altcoin market will become a widespread trend, and it is precisely for this reason that patience, determination, healthy management of emotions and risk are the fundamental characteristics for every successful investor. In just one day, the situation could drastically reverse, leading to a significant decrease in dominance.

In the previous cycle, it took just 133 days to witness a collapse of dominance from over 70% to 40%. Currently, dominance is at 64%, and if the scenario of the previous cycle were to repeat, then by October/November the main altcoins could reach new price values for this cycle, many of which could even set new all-time highs. #altcoins $BTC