Bitcoin dominance has started to slip — dropping from its recent peak of 65.1% to 63.9%, breaking a key support level at 64.4%. While the Altcoin Season Index (currently around 31–33) still signals that we’re technically in “Bitcoin Season,” early signs point to a shift on the horizon.

📈 ETH/BTC is Up 3.55%, even as Bitcoin hits a new all-time high of $122,000, signaling growing strength from altcoins. Meanwhile, Total Value Locked (TVL) in DeFi has surged to $117 billion, showing increasing liquidity and interest across altcoin sectors.

🔍 What’s Driving This?

  • A technical break below 64.4% BTC dominance hints at weakening Bitcoin control — a pattern we saw in both the 2017 and 2021 cycles, which were followed by explosive altcoin rallies.

  • Ethereum is gaining strength against Bitcoin — a classic signal of capital rotation.

  • DeFi and Layer-1 ecosystems are showing higher on-chain activity, adding fuel to the altcoin momentum.

  • Current macro conditions — including institutional inflows and index rebalancing — create a new, more mature market landscape.

🧠

Smart Trading Strategy for This Cycle

  • Watch BTC dominance closely — a drop below 64% would be a strong confirmation of altcoin momentum.

  • Focus on sectors with traction:

    • DeFi protocols

    • Private token projects

    • Layer-1s with strong ecosystems (think $ENA, $SOL, etc.)

  • Use Dollar-Cost Averaging (DCA) to accumulate positions in promising altcoins.

  • Don’t abandon Bitcoin entirely — keeping a strategic portion can act as a hedge if the altseason gets delayed.

⚠️ Stay disciplined, avoid emotional buys, and position wisely for the possible breakout.

#AltcoinSeasonLoading #CryptoStrategy2024 #BinanceHODLerERA #BTCvsAlts #USCryptoWeek

$ENA $DOGE $SOL