About the current altcoin outperformance and previous alt seasons. 👇 BTC.D Has only dropped 4.5% from the local highs and we can already see its impact on alts and ALT/BTC pairs. The post-election run saw about a ~7% drop in Bitcoin Dominance which was short lived in the end. In the time period January 2021 - May 2021 (140 days) we saw Bitcoin Dominance drop by 34%. From 74% to 40%. That was a similar size of alt season as late 2017/early 2018. Both of those alt seasons were insane with many coins running insane multiples. Keep in mind that the amount of coins that were sharing in this total altcoin dominance were also many magnitudes less than now. Just to show the sheer size of those time periods and the impact it had on alts. About 10x bigger as the move we saw this week. Spread between maybe 1% of the coins we have now. Don't think its likely we get to that point again, and currently a lot of the Bitcoin Dominance is due to ETH (and XRP) outperformance which is taking a large market share. But do keep in mind that these kind of moves are generally very quick and don't take more than a few months at the very best. Make of it what you can. When the market is eventually looking extremely overheated or shaky, capital will flee back into BTC & Cash/Stables.(Daan Crypto Trades)