Dominance Analysis (Bitcoin Market Share):
Bitcoin's market share has reached 65% with upward momentum continuing towards the next target at 66.5%. This rise reflects an increasing concentration of liquidity in Bitcoin, delaying any talk of a genuine rally for altcoins until this indicator begins to decline.
To understand the picture more clearly, here are the basic scenarios:
1. Increasing dominance with Bitcoin rising = Clear strength in Bitcoin and liquidity flowing toward it.
2. Decreasing dominance with Bitcoin stable or rising = A golden opportunity for altcoins, and evidence of liquidity distribution.
3. Decreasing dominance with Bitcoin falling = Panic signals and liquidity exiting the market entirely.
In short: The key to the altcoin season is a decrease in Bitcoin's market share.
As long as it is rising… it is better to be cautious and rely on reason rather than emotion.
