#AltcoinBreakout The excitement for alternative currencies that is taking place right now is enticing, but those who closely follow the market know that something disturbing is happening. We are seeing rapid and random increases in many currencies without real support. That is to say, there are neither projects launched with new products, nor clear adoption, nor even tangible technical development; what is happening is an influx of speculative liquidity whose main goal is to create FOMO among new entrants to the market.

Bitcoin's dominance is declining, but this is not always a positive sign. Sometimes, it indicates that investors are fleeing towards risk because they want a quick gain, and this is in itself a dangerous indicator. We all remember previous excitement seasons, after which we saw violent corrections that dropped the market by 70% or more.