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📊 According to CryptoQuant data, there was active demand for BTC in April, while the growth of ETH was driven by easing selling pressure.
This difference indicates that April was not a full recovery, but rather the beginning of a capital rotation.
Markets stopped moving evenly — capital is starting to show selectivity.
If ETH begins to show stable spot demand similar to that of BTC, it could lead to broader interest in altcoins.
However, until then, Bitcoin's dominance is likely to remain unchanged.
April was not just a rebound but a starting point for structural selection in the market.
$BTC $ETH $USDC