we can See that ETH.D or ETH-Dominance and DeFi.D charts trumping the rest of the crypto market. In this case it is probably a signe of people taking ALT profits into DeFi Pools and or transfering from ALTs to ETH and so on.... food for thought and only the one hour view ie if there is enough hype overall the market will go sideways and up but things are looking like we could use a healthy pull back b4 the next summit
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compared to when this was originally posted ETH.D was spiking ie the first step to taking ALT profits
if you zoom in to the 15 min you can see BTC.D and DeFi.D / DeFi going hard ie those ALT profits went into ETH and WETH and eventually make it to stables and BTCso u see BTC.D spike ie people taking profits slight pull back for ALTs inbound