#Ethereum Smashes $4,200 as Bitcoin Dominance Falls — Altseason Signals Strengthen

Ethereum has surged past the $4,200 mark, igniting speculation that a new all-time high (ATH) could be just around the corner. The breakout comes amid a broad altcoin market rally and a noticeable decline in Bitcoin’s market dominance, a key signal that historically precedes altseason.

#Bitcoin Dominance Hits Key Support — A Potential Shift to Altcoins

Bitcoin’s dominance — which measures #BTC ’s share of the total cryptocurrency market cap — is currently hovering between 60.5% and 61%. This range is considered critical support, and analysts say a sustained break below it could open the door for altcoins to outperform Bitcoin in the short term.

On the three-day chart, a decisive close beneath this level would strengthen the case for altseason. Historically, these phases have seen Ethereum benefit the most, often leading broader altcoin rallies.

Ethereum Converts Resistance to Support

#ETH ’s latest rally has pushed it above the $3,900–$4,100 resistance zone, a range that has now flipped into potential support. If Ethereum can hold this level and confirm it as a strong base, analysts believe it would have the technical foundation to challenge its previous #ATH near $4,900.

Given the current momentum, some traders suggest Ethereum could reach this milestone in days, not weeks.

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