Bitcoin dominance is facing resistance and if it breaks downwards, it could trigger a rally in altcoins. The recent surge in the crypto market was driven by a Fed rate cut and Bitcoin reaching a one-month high. Analysts suggest that if Bitcoin dominance continues to decline and falls below a key support level at 47.5%, altcoins could see significant gains. However, it is too early to declare the start of an altcoin season as only 31% of the top 50 altcoins have outperformed Bitcoin in the last 90 days. The altcoin season index is currently at 31, far from the required score of 75 for confirmation.



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