
Jakarta, Pintu News – Bitcoin continues to experience volatility and is still struggling below the $100,000 resistance level. This condition had led some analysts to believe that the crypto market would enter altcoin season. However, leading crypto analytics platform Cryptorank has a different view.
Cryptorank shows that Bitcoin’s dominance still stands at around 55% despite market fluctuations. This indicates that Bitcoin is still in control of the market and there are no signs of investors shifting funds to altcoins. This stability suggests that the market is undergoing a general correction, not a transition to altcoin season.
Bitcoin’s steady dominance shows that investors still believe in its long-term value. Despite the volatility, there was no significant shift to altcoins which could indicate the beginning of the altcoin season. Investors still seem to be cautious in allocating their funds in the crypto market.
Also Read: 4 Bitcoin Indicators that Triggered the Market Rally Reappear!
Bitcoin is currently trading at $91,022.30, a decrease of 0.54% in the last 24 hours. Despite the decline, Bitcoin briefly reached a peak of $93,025.07 before dropping back down. This shows that there is still potential to go higher despite the continuous fluctuations.
Renowned market analyst DonAlt revealed that Bitcoin needs to stabilize above $95,000 before it can see significant price movement upwards. According to him, only by stabilizing above this threshold can Bitcoin avoid further declines.

Michael Saylor, a Bitcoin evangelist, remains supportive of the asset even though it has lost 30% of its value in dollar terms in the last 60 days. The company he leads, Strategy, has lost around $20 billion due to Bitcoin’s volatility. This shows how powerful Bitcoin’s influence still is in the crypto sector.
Despite skeptical analysis, some market participants remain optimistic that altcoins will soon register significant gains. However, with Bitcoin’s steady dominance, it may still take some time before we truly enter altcoin season.
With Bitcoin’s dominance still strong in the market, the altcoin season may still be a long way off. Investors and analysts should continue to monitor market dynamics to identify possible trend changes. For now, Bitcoin is still the main barometer in determining the direction of the crypto market.
Also Read: 5 Shocking Facts: This US Congressman Secretly Bought IDR 41 Billion in Bitcoin!
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
A1: Bitcoin dominance is a measure of the percentage contribution of Bitcoin’s market value to the overall crypto market. Currently, that dominance stands at around 55%.
A2: The stability of Bitcoin’s dominance shows that investors still trust and prioritize Bitcoin over altcoins, which could affect the overall market dynamics.
A3: No, with Bitcoin’s dominance still strong and stable at around 55%, there is no strong indication that altcoin season is imminent.
A4: Bitcoin recently traded at $91,022.30 with a 0.54% drop in the last 24 hours, after reaching a peak of $93,025.07.
A5: Bitcoin’s volatility has led to significant losses for some major investors, including a loss of around $20 billion by the firm Strategy in the last 60 days.