According to Michaël van de Poppe (@CryptoMichNL), a weekly bearish divergence has appeared on Bitcoin dominance charts, signaling a possible upcoming reversal. The establishment of the first lower high suggests that Bitcoin's market share could decrease, potentially leading to increased capital flows into altcoins. Traders should monitor this divergence closely, as shifts in Bitcoin dominance historically precede significant altcoin market movements (source: @CryptoMichNL, May 29, 2025).

According to Crypto Rover, Bitcoin dominance has reached a new cycle high, signaling increased capital flow into Bitcoin and potential weakness for altcoins (source: Twitter @rovercrc, April 30, 2025). Traders should monitor Bitcoin’s market share closely, as rising dominance often precedes periods of altcoin underperformance and can influence portfolio allocation strategies. This milestone may prompt traders to rebalance towards Bitcoin and away from riskier altcoins in the near term.