According to @MilkRoadDaily, Bitcoin dominance has been falling for weeks and a continued slide targets 44%, the peak-2021 altcoin mania level; source: @MilkRoadDaily on X. The altcoin market cap excluding BTC and ETH is pressing against 2021 highs, and a breakout would mark a new expansion phase for alts and potentially the largest rotation of this cycle; source: @MilkRoadDaily on X. The Altcoin Season Index is at 78, already in altseason territory; source: @MilkRoadDaily on X. A macro headwind is ISM stuck at 48 and in contraction for 30+ months, though risk assets have historically turned higher with ISM below 50, with gold and the S&P 500 pushing all-time highs; source: @MilkRoadDaily on X. Tomorrow’s Fed decision on rate cuts is highlighted as pivotal; a cut could help push ISM back above 50, unlock flows from 7.4T dollars in money market funds into risk assets like crypto, and catalyze a full-scale altcoin breakout; source: @MilkRoadDaily on X.