📉 Altcoin Market Update – May 30, 2025

Hey traders,

We’re seeing a notable shift in market structure for altcoins 🔍

🧭 Dominance Drop:

The Crypto Market Cap Excluding Top 10 has sharply dropped to 7.72%, indicating a significant sell-off across mid and low-cap altcoins.

📉 Key Observations:

Sudden bearish candle signals capital flight from altcoins, likely rotating into stablecoins or major caps (BTC/ETH).

Volume at 49.22B supports the move — not just a technical dip, but backed by real market action.

This break below 7.75% reflects reduced risk appetite in the broader market.

⚠️ Implications:

Short-term sentiment on altcoins looks bearish.

Traders may want to wait for stabilization or confirmation before entering new altcoin positions.

Watch BTC dominance – if it rises further, altcoins may bleed more.

📌 Strategy Note:

Risk-off mode active. If you're holding alts, manage stops wisely. This could be a "protect capital" phase rather than "buy the dip."

Let me know if you’re reallocating to BTC, sitting in stables, or eyeing any bottom formations. Stay sharp! ⚔️