As I keep a close eye on market dynamics, one key metric has caught my attention — Altcoin Dominance (excluding Stablecoins). Historically, this metric finds strong support around the 25% mark. Every time we've seen it hover between 24% and 25.3%, it's acted as a springboard for an Altcoin Season, lasting several weeks and delivering solid gains for those positioned early.
But there's more.
If we exclude Ethereum and Stablecoins from the picture, the story evolves. In this refined view, we see that ETH serves as a backbone for broader altcoin strength. The revised dominance metric typically finds support around 18%, a surprisingly resilient level given the flood of new altcoins entering the space over the years.
📉 When this metric briefly dips below 18%, it has historically coincided with a sharp decline in Bitcoin's market dominance, followed by a significant rally across mid and low-cap altcoins. That trend is something I’m watching closely right now.
While no single indicator can guarantee the start of an Altcoin Season, these historical levels have proven to be reliable signals of shifting market momentum. They suggest that the altcoin market — including names like $ETH, $SOL, and $XRP — may be on the verge of something big.
In a market this volatile, pattern recognition can be a powerful tool. And this pattern has my full attention.
Let’s see where it goes 🚀
#AltcoinSeason #CryptoMarketUpdate #ETH #SOL #XRP #FTXRefunds #BinanceAlphaAlert #BinanceAlphaAlert
---$$XRP