Bitcoin dominance holds at 59% yet Michaël van de Poppe sees downtrend to sub 55% as ETH outperforms, with BTC priced at $64042 on 4h chart.

According to @CryptoMichNL, the current market setup mirrors Q3/Q4 2019 and points to an imminent downside break in BTC dominance. Source: @CryptoMichNL on X, Dec 4, 2025. He states that ETH has held a strong level and is attracting increased buyer interest, indicating potential ETH outperformance if BTC dominance declines. Source: @CryptoMichNL. The thesis suggests traders monitor BTC dominance for a breakdown and watch the ETH/BTC pair for relative strength to capture rotation risk. Source: @CryptoMichNL.