#BTCNextMove
The current market is behaving very similarly to 2021, when a familiar cycle occurred: Pump -> Shakeout -> Altcoins explosion.
At this moment, we are in the Shakeout phase. This is when the market undergoes a strong cleansing, eliminating weak-handed investors. This sets the stage for a significant growth phase ahead. BTC Dominance (BTC.D) is a clear testament to this trend.
Currently, BTC.D has dropped to 55%, breaking the previous structure - a typical sign of a trend reversal. It is expected that this rate may slightly increase to 58% before sharply turning downward. History has shown that whenever BTC.D drops significantly, the altcoin market often experiences a strong explosion. Do you remember the period when BTC.D dropped from 62% to 55%? That was when altcoins grew wildly, bringing huge profits to investors.
When Altseason truly begins, altcoin prices will not only grow significantly but also quickly exceed expectations. This is the opportunity that many investors are waiting for. In this context, those holding altcoins and being patient with a long-term strategy may reap impressive profits.
Overall, the market is undergoing a Shakeout phase - a necessary transition to prepare.