58.1% BTC dominance is only 1.5% away from flipping—this number looks like it’s building up to a big move. If the World Cup really turns into the cycle bottom, then this batch of fans will watch the games and scoop the bottom at the same time—they’ll win big.

10xResearch states that the BTC market is adjusting but the bottom is gradually forming, with BTC dominance dropping to 58.1%, only 1.5% away from a reversal; Ethereum dominance is at 9.2%. In terms of stablecoins, USDT market cap is $186.9 billion, down 0.8%, but trading volume increased by 43%; USDC market cap is $75.6 billion, down 0.3%, with a 48% increase in trading volume. Net capital outflows are observed, with MicroStrategy increasing holdings by $13.4 billion. The World Cup begins in three days, which may mark the cycle bottom for BTC, with an expected rise in Q3–Q4.