The dominance of Bitcoin has started to decline and is on its way to collapse, which means that traders have begun to withdraw liquidity from Bitcoin and inject it into alternative currencies, and this will cause an explosion in the alternative currency market.
Because just a little liquidity in these currencies makes them rise by very high percentages, unlike Bitcoin, which requires very high liquidity to achieve the same percentage increase.
So why is Bitcoin's price increasing even though its dominance is decreasing? The reason is simply (saturation as I explained above). If Bitcoin is increasing by
5% while currencies like $ETH, $SOL, or $ID are increasing by percentages like 20% or more, then here Bitcoin's dominance is decreasing proportionally.
People have made profits from Bitcoin and have started injecting them into different currencies to achieve new profits, and so on.
The decline in Bitcoin's dominance = the rise of alternative currencies.
