According to @CryptoMichNL, Bitcoin dominance (BTC.D) has sharply dropped and he links this move to ETH rising from $1,500 to $4,800, source: @CryptoMichNL on X, Oct 6, 2025. He adds that a brief uptick in BTC.D does not negate ongoing momentum in altcoins, source: @CryptoMichNL on X, Oct 6, 2025. He states the BTC.D downtrend has just started and expects another leg down, implying continued strength in altcoins if that trend persists, source: @CryptoMichNL on X, Oct 6, 2025.