BTC.D - it is probably not too correct to compare the current dominance of
BTC with the past cycle based on fundamental factors.
Since then, many projects of different levels have entered the market, including small and large capitalizations. Just looking at the chart and overlaying it somehow with the seasonality of
BTC, we get the impression that there will be approximately a similar picture.
BTC.Dominance tends somewhere in the direction of
60% - 62%, on this background only
BTC and some strong altcoins are growing. Then, when
BTC is in about the same vertical growth, there is a sharp
ALTS /BTC transfer.
And at this point,
BTC may just stand still, while some altcoins can demonstrate tens of percent growth in just a couple of days, and small-capitalization projects possible ixes.
These are all echoes of
2021, then everything was about the same, and I assume such a season will be this fall, and probably will be divided into
2 parts. The first part, it's as stated above, will be in the fall, tentatively October - November.
The second season, if it will be, I suppose, is the first quarter of
2025, where it would be necessary to observe the risks, not to get into excitement and take your bets.