brian7683

ETH dominance broke down. Bad for Ethereum?

CRYPTOCAP:ETH.D   Market Cap ETH Dominance, %
ETH dominance is going the wrong way!

It is breaking the trendline that started in 2020.

Does this mean BTC will FAR outperform ETH in the coming months? With the BTC ETF, that could be the trigger.

My favorite situation would be that ALTS become stronger and take dominance from ETH. Likely?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.