Ethereum has been outperforming Bitcoin recently and I thought this would mean Bitcoin’s dominance would be declining, but CoinMarketCap and TradingView show that it has not changed very significantly.
Do not let those altcoins (like ethereum) to deceive you, you will see them pump but later you will notice that bitcoin performed better in long term. Ethereum is yet to get to all-time high.
Altcoins are starting to look bullish, but this is mostly a result of BTC and ETH pumping.
The credit goes to bitcoin. Ethereum is pumping because bitcoin is pumping. Also ethereum is part of the altcoins.