Bitcoin has been labeled with a bearish tag,

The top Crypto Alpha tool describes it as follows:

A major investor has shifted 80% of their portfolio into BTC, in line with institutional capital rotation,

While BTC's dominance is entering a downtrend, despite currently low network fees and smaller institutional risk exposure, it still indicates the potential for an altcoin season.

By capturing the timeline from 7 hours ago to now, we can see multiple whales selling Bitcoin to purchase ETH.