#AltSeasonComing
🚨 Alt-Season Alert! 🚀
Bitcoin dominance just tanked to 61.6%, a 3-month low, as Ethereum rockets to a 6-month high of $3,675! 📈 The crypto market cap smashed past $4T, signaling a massive capital rotation into altcoins—the biggest since April! 💥
🔍 What’s Driving It?
• $BTC Dominance Crumbles: Dropped below its key ascending channel, down from 66% in June. Historically, this screams altcoin outperformance! 📉
• $ETH Steals the Show: ETH/BTC ratio surged 3.4% on July 16, fueled by ETF inflows & pro-crypto policy vibes from DC. 🦄
• ETF Money Flows: Ethereum ETF inflows spiked 36% this month, outpacing BTC’s 10%. BlackRock’s $ETHA is 🔥!
• Bitcoin Takes a Breather: BTC slipped 0.7% to $118,961, giving alts room to shine without market panic. 😴
• Macro Boost: New stablecoin bill strengthens ETH’s role in DeFi & treasury. Altcoin ETFs are maturing, and investors are chasing high-beta returns! 💸
🌍 The Big Picture: We’re in a capital expansion phase. Alt-season isn’t just hype—it’s a measurable shift not seen since 2021. Buckle up! 🚀