I have been observing the market and I see that BTC dominance is breaking.
Despite the price of BTC is dropping, and I can see that altcoins like solana is holding quite well and just dropped a little.
Could this be the start of altcoin season? Maybe BTC dominance over the market will continue to drop.
What do you think?
That might happen but you have to look in advance that Bitcoin needs to stay above $ 95K to trigger a very bulissh market rally we don't know until Manabitcoin will continue to penetrate and have a more comfortable sidewaysh pattern for market adjustments to Altcoin.
BTCD has always been an indicator of people to judge Altcoin, but it doesn't seem to be like that, people will take their position again if they are truly confident, some of these mingu are Bitcoin in the main focus because the institutions that continue to enter and make Bitcoin as their strategic assets.