The dominance of bitcoin affects the Altcoin market.
ManuelRD
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Bullish
Bitcoin's dominance has dropped by 4.5% to 62.89% since June, creating opportunities for altcoins.
While BTC consolidates around $118,000, Ethereum and XRP have risen by 36.4% and 23% respectively. The Altcoin Season Index jumped from 12 to 38, confirming this rotation pattern.Key Factors
• Reallocation of capital towards layer-1s, DeFi tokens, and privacy coins
• Technical rejection at the 64% resistance level
• Increased risk appetite among cryptocurrency investors
Strategic Opportunities Ethereum's 36.4% rise in the second quarter shows institutional interest, while Hyperliquid rebounded by 24.7%.
However, smaller altcoins and meme tokens have fallen by 13.7% as capital concentrates on established projects. $BTC
#altcoins #BTC☀ #BTC走势分析
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