The Bitcoin dominance chart, which measures Bitcoin's market capitalization compared to the rest of the crypto market, has been consistently rising during this cycle. This increase in dominance has been driven by institutional demand and the perception of Bitcoin as a potential reserve currency for countries. As a result, the performance of altcoins has been sluggish, with capital consistently flowing back into Bitcoin. However, some analysts believe that a significant shift could be near, as Bitcoin's dominance is currently at a multi-year high. Historical patterns suggest that altcoin seasons emerge when Bitcoin's dominance reaches a key threshold and is subsequently rejected. This has happened three times in the past, resulting in altcoins outperforming Bitcoin for several months. The most recent occurrence was during the 2021 bull market, where altcoins took control of the market as Bitcoin's dominance fell. Although Bitcoin's dominance is currently at 60.3% and still increasing, if it reaches the 71% level that has historically triggered altcoin gains, there could be a rapid increase in altcoin prices. However, this time around, Ethereum may not lead the altcoin season, as other altcoins like XRP, Solana, and Dogecoin have gained more interest from traders.



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