Quote from: JeffBrad12 on Today at 02:49:25 AM

Pull isn't big enough. You need to remember even with big drawdown in 2024 Q3-Q4 if i remember correctly, bitcoin's dominance can still go up out of the blue.
I identified that the problem lies in the fact that institutional investors, the main player that moved bitcoin price aren't rotating their money to puny alts.
Instead they stayed bitcoin maxi. We are in different era, it will be awhile until we see altcoin from my prediction.

Bitcoin drawdowns (in a bull market) are different than Bitcoin dominance drawdowns. Sometimes they are the same when Bitcoin has corrections, sideways and give time and opportunities for altcoins to have mini altcoin season.

Q3 and Q4 2024 are times like this for mini altcoin seasons but months later, Bitcoin is going to retests its ATH while most of altcoins are 50% or bigger % down from their peaks in Q3 and Q4 2024.

It's Bitcoin drawdowns
https://studio.glassnode.com/workbench/bf532ce2-a66b-4798-6deb-bf3ba7decc59

Are we in a new era?
Somewhat I think so because altcoins are too easily created by scammers and those scam projects add overwhelming new choices and a lot of market caps. That means if cryptocurrency market lacks of enough new capital in, most of altcoins will not rise even in bullish months of the market. This market cycle is different than past cycles when there is higher percent of failed altcoins in bull run.