Short-term ALT SZN
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D
As the market as a whole weakens and continues its macro distribution stage, we will likely get a short term alt-coin season. A similar scenario happened back in 2021 February when the market began topping and we got an ALT season before bear market officially started.
BTC dominance looks really weak and is on the cusp of flipping to the downside. We can also look at OTHERS.D to get a better picture of how alt coins are gaining strength.
source https://www.tradingview.com/chart/BTC.D/OJ9J6UOy-Short-term-ALT-SZN/
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