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Bitcoin Dominance at 59.6% as Altcoin Sentiment Weakens
Current market conditions show Bitcoin dominance at 59.6%, overshadowing altcoins, with no significant boost for them despite Bitcoin's struggle to maintain bullish momentum.
- The CMC Altcoin Season Index is at 20, indicating a Bitcoin-favored phase and weak broader sentiment.
- Altcoins continue to underperform, with no capital rotation from Bitcoin. Bitcoin is down 28.9% from its October high of $126,080.
- The combined market cap of altcoins shows no signs of outperforming Bitcoin.
- CoinMarketCap’s Fear and Greed Index is at 22, reflecting market hesitation and reluctance to take new positions.

Accumulation Opportunities Indicated by CryptoQuant Data
- CryptoQuant analysis suggests a favorable accumulation window for altcoins as trading volumes dip below the yearly average.
- This pattern historically precedes market recovery, marking a "buying zone" where strategic accumulation could benefit investors.
- These low-volume periods can last weeks or months, offering time for gradual position building.

The data implies this calm period may be an opportune moment for positioning ahead of the next market movement.