As Bitcoin approaches 75K, the question of why altcoins aren't rising has been asked frequently lately. To understand this, it's important to have a good grasp of the market cycle.

In past cycles, the same scenario always played out: Bitcoin would be priced first, then Ethereum, and finally altcoins would follow. The main reason behind this was that in earlier times, most altcoin purchases were made with Bitcoin. When everyone entered the market, they first bought Bitcoin, which put pressure on other altcoins while Bitcoin's dominance increased.

But in the last 5 years, the widespread use of stablecoins has changed the game. We've seen high-quality projects move almost at the same pace as Bitcoin. Currently, when Bitcoin moves sideways or corrects around the $75,000 level, the money flowing out of Bitcoin goes into altcoins, which explains why altcoins aren't rising — it's just not the right time yet.

Looking at dominance, it hasn't reached a sufficient level yet. I believe we shouldn't expect an altcoin rally until dominance drops below 56%. Some analysts expect it to reach 70%, but I don't see movement above 62%. The reason is the increasing number of quality projects in the market and Bitcoin already pricing in these projects.

So, the simple answer to why altcoins aren't rising while Bitcoin consolidates is: dominance hasn't pulled back enough yet. It's necessary to follow technical levels and be patient. Paying attention to these indicators is important to accurately predict when the altcoin season will begin.