While Bitcoin is currently hovering around $52,500, the question of why altcoins are not moving is occupying everyone's mind. This is actually a classic cycle that occurs in every bull market, and the explanation is quite simple.

Looking at previous cycles, first Bitcoin's price rises, then Ethereum, and afterwards other altcoins start to increase. The reason for this is an old habit from the past. When people enter the market, they first buy Bitcoin because it is the most reliable option. During this period, Bitcoin dominance increases, and altcoins are under pressure against BTC.

In the past five years, the widespread adoption of stablecoins has changed things a bit, but the mechanism remains the same. When Bitcoin reaches a certain price level and stalls or enters a correction phase, money starts flowing into altcoins. Currently, dominance levels have not yet shown sufficient saturation. The reason why altcoins are not rising until reaching around 56% dominance is this.

Many analysts say dominance will rise to 70, but I think more realistically. I do not expect a move above 62 because, in recent years, the number of quality projects has increased, and Bitcoin has already priced them in. The market structure has changed.

It is difficult to predict exactly when the altcoin rally will start, but dominance indicators will guide us. It is more reasonable to wait for money flow into altcoins during Bitcoin's consolidation period, currently trading at $78,450. The market knows this cycle, and we all know that an altcoin season will eventually come. Patience is required right now.