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But you should be aware that Bitcoin dominance decline does not mean that all altcoins rise, but this only applies to some of them, and it may also happen that Bitcoin and altcoins dominance decline at the same time.
Only altcoins that have strong support from the community and good developers can perform price recovery when Bitcoin Dominance falls.
But the decline in Dominance will also take place gradually.
Altcoins that are just pump dump projects will not go up and will only become garbage, so choose the top altcoins with ongoing development and a strong community.
You are right, I have been watching the newly listed project coins for a long time, whether they claim to have projects like telegram bots or meme coins that have no project, even some other projects that seem to be strong.
Through my follow-up, I noticed that all these newly listed coins only rise at the time of listing and then start a continuous downward curve, it is true that they can make some green bullish candles but they immediately go back down.
So yes, I agree with you that Bitcoin dominance only affects the strong project coins.