BTC.D is back testing that upper 60% area again. That’s basically why alts feel dead right now. Liquidity isn’t gone, it’s just sitting in BTC and not rotating yet.
I’m not rushing anything here. Watching this zone closely because if dominance gets rejected, that’s usually when money starts leaking back into alts. Until then, forcing alt trades is just pain.
Macro side also heating up.
U.S. stocks added over $850B after Trump canceled EU tariffs tied to a Greenland deal. And now he’s saying if the Supreme Court blocks the tariff move, “we’ll do something else.”
So yeah… markets are supported, but policy noise is still there. Things can flip fast.
For now it’s simple: $BTC dominance decides.
Let it top out or reject first. Alts will get their turn just not yet.
BTCUSDT
Perp
82,200
-7.21%