Bitcoin Dominance Don Soar as Altcoins Dey Lag before Rally
Bitcoin dominance don reach record high levels, as almost 0% of altcoins dey trade within 5% of their 252-day highs. Institutional money wey dey flow through spot Bitcoin ETFs, the upcoming halving event, macroeconomic wahala and Bitcoin as the first-mover dey drive the rally. Technical indicators dey show overbought condition for the dominance chart, but if e break pass 66%, e mean say the strength go continue.
Altcoins still dey calm because liquidity dey concentrated for BTC ETFs, risk appetite don reduce, and no strong story dey for altcoins season. But, coming spot ETF approvals for XRP, DOGE and SOL plus possible US Federal Reserve rate cuts fit make capital shift go big altcoins and spark the next altcoin season.
Historical bull cycles for 2017 and 2021 see Bitcoin reach their peaks then altcoins rally big time. Traders suppose dey watch key Fibonacci levels, ETF catalysts, and technical breakdowns. Strategic rebalancing—make you fit take profit from Bitcoin, then move am to high-quality altcoins like ETH and SOL, plus dollar-cost averaging—fit help catch gains when altcoin season start.
Sector-specific themes for AI, DePIN and real-world asset tokenization, alongside regulatory developments and protocol upgrades, go shape the next phase of the crypto market rally.
Bullish
Dis news dey bullish for Bitcoin as record-breaking dominance and strong institutional inflows dey show say e go continue rise. For short term, overbought technical indicators fit cause small corrections, but ETF-driven liquidity and the halving event dey support sustained momentum. For long term, Bitcoin main role set the stage for capital rotation go altcoins once momentum cool down.