JUST IN: Solana Leads Major Altcoin Rotation as Bitcoin Dominance Hits Resistance.
Bitcoin's successful defense of the $94,000 level has triggered a noticeable shift in capital flow today. With the primary asset consolidating after its recent spot-driven breakout, traders are aggressively rotating profits into high-beta altcoins. Solana is leading this charge, surging over 7% to reclaim $135 on significant volume.
This is a classic "risk-on" signal. The market has moved past capital preservation mode and is actively seeking higher returns. We are seeing Bitcoin dominance stall at key technical resistance, allowing liquidity to filter down the risk curve.
Traders should monitor the Ethereum/Bitcoin ratio closely now. If ETH joins SOL in outperforming BTC, it confirms a broader sector rotation is underway while Bitcoin builds support for the next leg up to $95,000.
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JUST IN: Solana Leads Major Altcoin Rotation as Bitcoin Dominance Hits Resistance.
Bitcoin's successful defense of the $94,000 level has triggered a noticeable shift in capital flow today. With the primary asset consolidating after its recent spot-driven breakout, traders are aggressively rotating profits into high-beta altcoins. Solana is leading this charge, surging over 7% to reclaim $135 on significant volume.
This is a classic "risk-on" signal. The market has moved past capital preservation mode and is actively seeking higher returns. We are seeing Bitcoin dominance stall at key technical resistance, allowing liquidity to filter down the risk curve.
Traders should monitor the Ethereum/Bitcoin ratio closely now. If ETH joins SOL in outperforming BTC, it confirms a broader sector rotation is underway while Bitcoin builds support for the next leg up to $95,000.
#Solana #AltcoinRotation #MarketUpdate