According to @AltcoinGordon, Bitcoin dominance has begun a rapid decline following a brief recovery, indicating that the market may soon enter a significant altcoin rally, often referred to as Alt Season 3.0. This shift in dominance suggests that traders should closely monitor major altcoin markets for increased volatility and potential breakout opportunities as funds rotate away from Bitcoin into alternative cryptocurrencies (Source: @AltcoinGordon, Twitter, May 16, 2025).

According to AltcoinGordon, Bitcoin dominance is currently declining, which historically indicates a shift of capital into altcoins and often precedes significant altcoin rallies. Traders should monitor altcoin market caps and volume indicators closely, as a sustained drop in BTC dominance can trigger rapid price appreciation for major altcoins such as Ethereum, Solana, and Avalanche. Market data from CoinMarketCap and TradingView confirm a notable decrease in BTC dominance metrics on May 10, 2025, suggesting increased trader interest in diversified crypto assets (source: AltcoinGordon via Twitter, CoinMarketCap, TradingView).