The bear market in altcoins—characterized by their continued underperformance relative to Bitcoin—remains in effect. However, a strong bearish divergence is forming on the Bitcoin Dominance chart, indicating a potential reversal. This suggests that Bitcoin's dominance may decline soon, potentially signaling the beginning of a capital rotation into altcoins.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.