#AltcoinBreakout The enthusiasm for alternative currencies that is happening right now is appealing, but those who closely follow the market know that there is something unsettling going on. 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 in itself is a dangerous indicator. We all remember the seasons of enthusiasm.