Bitcoin dominance falls below 57%: Is this the beginning of the next cycle?

As funds turn to altcoins such as Ethereum (13.9%) and other altcoins (29.5%), Bitcoin’s dominance has fallen below key levels, falling to 56.6%. Analysts, including Michaël van de Poppe, believe this marks the end of a long-term bear market for altcoins and the beginning of a new cycle, similar to 2019-2020. Bitcoin is still consolidating around $111,000 with resistance at $117,200; the breakout could hit a new high, while blocked could fall back to $113,500. The inflow of ETFs indicates the growing confidence of institutional investors.