BTC dominance could drop soonBased on the BTC dominance chart and BTC price, I believe BTC might continue to trade sideways between FWB:65K and FWB:73K if it fails to reach a new all-time high.
In the meantime, BTC dominance could drop, potentially leading to a significant altcoin season.
Don't miss out on this potentially good time to buy altcoins.
However, there's nothing to be afraid of as long as you focus on finding good projects instead of buying out of fear of missing out (FOMO) when the trend already clear.
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While Layer 1 blockchains can have intrinsic value and may be backed by tangible assets, it's important to understand that this technology is still emerging.
That said, it offers promising solutions to real problems for enterprises.
It aims for scalability, zero inflation, and subsidized prices that increase annually at a rate exceeding both U.S. and Chinese inflation.
