Is Bitcoin Dominance topping out? If so, traders should expect…

Key Points

1. Ethereum (ETH) has rallied 44% from its lows in early July, with potential for further gains driven by ETF inflows.

2. The ETH/BTC pair has shown a bullish structure break, challenging resistance levels, which could signal an uptrend.

3. Analyst Matthew Hyland suggests that if ETH/BTC maintains its bullish bias, there is a 99% chance Bitcoin Dominance (BTC.D) has peaked.

4. A topped BTC.D could be positive for altcoin investors, but traders should account for potential pullbacks in ETH/BTC.

5. The article highlights the importance of monitoring ETH/BTC trends for insights into Bitcoin's market dominance and broader crypto market dynamics.