Analysis: Bitcoin's dominant position in the market has exceeded 60% and hit resistance zone, which may be beneficial for altcoins According to Newsbtc, cryptocurrency analyst El Crypto has disclosed data showing that the current dominant position of the Bitcoin market has exceeded 60% and hit resistance zone. Based on the historical trend of the past year and a half, it is judged that this trend has entered the correction zone. At the same time, the Relative Strength Index (RSI) is also in the overbought zone, which means that the market may be favorable for altcoins or will usher in a rebound. In addition, cryptocurrency analyst Kevin Capital seems to be optimistic about the future market of altcoins, but he reminds ETH that the situation may be different because ETH has performed poorly throughout the entire cycle.