Is "Altseason" actually dead? The 60% BTC Dominance Reality Check đ©ž
âIâll be honestâIâm looking at the charts today and itâs a bloodbath for altcoins. Bitcoin Dominance just smashed through 60.6%, the highest weâve seen all year.
âWhatâs actually happening:
While BTC is chilling near $78k, your favorite alts are bleeding out. Why? Because institutional money (ETFs) only cares about the "King" right now. The "Altcoin Season Index" is sitting at a depressing 42/100. We are officially in the deep winter of Bitcoin Season.
âMy Move: Iâm NOT selling my bags into this weakness, but Iâm also not "blindly" buying every dip yet. Iâm waiting for BTC Dominance to hit its head on that 62% resistance before I rotate back into Alts.
âLetâs do a quick vibe check: Are you 100% in BTC right now, or are you "holding the bags" on your altcoins hoping for a miracle?
âDrop a 'BTC' if youâre playing it safe, or 'ALT' if youâre still a believer. I want to see if Iâm the only one feeling the squeeze! đ
â#BitcoinDominance #Altseason #BTC
