Bitcoin Dominance Faces Rejection, Potential Altcoin Surge on the Horizon

Key Points

1. Bitcoin's dominance was rejected at a multi-year resistance level, with a MACD bearish cross in mid-2025 indicating a potential shift away from Bitcoin towards altcoins.

2. Despite the rejection, Bitcoin still holds 59.55% of the total crypto market value, while the Altcoin Season Index remains at 35/100, below the threshold for a confirmed altseason.

3. Ethereum has gained 15.16% in the past week, supported by ETF inflows totaling $18.4 billion and its recent Pectra network upgrade.

4. DeFi assets like Aave have rallied, with some altcoins such as DONKEY and TROLL posting significant weekly gains of 349% and 241% respectively.

5. Technical indicators, including the MACD bearish cross, suggest declining momentum for Bitcoin, while selective altcoins show notable gains.