Something strange is happening in the market right now, something I have never seen before in the history of cryptocurrencies.
Bitcoin has dropped drastically from US$ 110 million to US$ 90 million in just 14 days, but at the same time, BTC's dominance has decreased by 4%.
In other words:
The Others/BTC pairs (altcoins against BTC) have fully recovered from the drop on October 10.
This shows us one thing very clearly: No one is panic selling altcoins at this moment.
The entire movement seems to be dominated by high-level players who primarily operate in the top 10 coins, especially $BTC, driven by cartel-level rotations.
This could represent a major internal shift of positions among the big players, a combination of strategic distribution and accumulation before the next phase.
The only hope that stands out at this moment is that BTC's dominance is decreasing and altcoins are holding strong.
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