Bitcoin Dominance Peaks as Ethereum Eyes Historic Rally Pattern
Bitcoin's market dominance shows signs of topping NEAR 60%, echoing the 2019-2020 cycle when capital rotated from BTC to altcoins. The current 59% retracement level mirrors the 70% peak dominance before the last major altseason.
Ethereum demonstrates textbook support structure, with technicals suggesting a potential 170% upside move. The ETH/BTC pair appears to be bottoming, reminiscent of Q4 2019 when altcoins began their multi-year outperformance cycle.
Bitcoin price action remains pivotal, holding $91.5K as critical support. A sustained break above $100K could accelerate the rotation into altcoins, particularly ethereum and large-cap tokens with strong fundamentals.