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📊 Bitcoin dominance (BTC.D) today is 61.52%, holding above 60% for more than a month. This is a level that the market has not seen since March 2021! 🏆
This dominance behavior indicates the concentration of capital in BTC, while altcoins remain under pressure. 🤔
1️⃣ Risk-off 🛡️ – Investors are moving into the safety of Bitcoin, reducing risks amid uncertainty.
2️⃣ New cycle 🔄 – Perhaps this is just preparation for a new rally, where BTC dominance will decrease, and altcoins will gain momentum.
💰 What awaits Altcoins?
🔹 While BTC dominance is high, altcoins are suffering 😞.
🔹 However, as history shows, an alt season often follows the peaks of BTC.D 🌱.
🔹 The key level to watch — if BTC.D starts to decline, there may be a flow of funds into altcoins 🚀.
📢 Your forecast?
➡️ Is this a caution signal or an opportunity? Share your opinion in the comments! 💬🔥 #BitcoinDominanceRemainsHigh