#AltcoinSeasonLoading Bitcoin dominance rate BTCD has declined by almost 2% over the past week, a signal traders often interpret as the beginning of capital rotation into Alt coins.
The top tokens like Doge, Xrp , Ethereum and Solana are suggesting Bitcoin's late April breakout pattern, suggesting that Alt coin momentum may be building across the market .
Alt coin season index is currently at 36, this signals a shift in market sentiments with a capital flowing back in to Alt coin including ETH.
Compared to June 22, index at 15, this is a clear recovery , Market participants are moving from defensive positions to seeking returns outside of Bitcoin . Approximately 36 out of 100 crypto currencies have out performed Bitcoin over the past 90 days.This may mark the early stage of a new Alt coin rally .
