BTC market capitalisation is currently at ~45%
Historically BTC market capitalisation has reached up to ~60% in bear markets
What does this means for ALTS?
Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?
Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
Checking the trading display chart is really necessary at this point in time for those who are trading, but for those who are holding assets in Bitcoin I don't think it's necessary to check them every day because I personally have always had more faith in Bitcoin and would never have any doubts about price drops right now, because one day it will also increase again after this bearish trend is over in the market.