Ethereum’s $4,300 push meets falling Bitcoin dominance – Is a flippening next?

Key Points

1. Ethereum (ETH) surged past $4,300, while Bitcoin's (BTC) market dominance fell to 60.74%, indicating a possible shift in market leadership.

2. Analysts suggest Ethereum's Net Capital Change is outpacing Bitcoin's, with strong whale interest evidenced by large ETH transactions.

3. Ethereum co-founder Vitalik Buterin's holdings exceeded $1 billion, highlighting scarcity and liquidity challenges for large buyers.

4. The CMC Altcoin Season Index read 38/100, suggesting the market remains Bitcoin-leaning despite ETH's gains, but some predict an upcoming altcoin season.

5. Experts like Joao Wedson and Lukas Enzersdorfer-Konrad discuss capital rotation cycles, with potential optimism for ETH and altcoins in the near future.