According to popular analyst Daan Crypto Trades, this discrepancy highlights a key trend: Bitcoin’s dominance in this cycle has overshadowed the performance of alternative cryptocurrencies.
Bitcoin Leads, Altcoins Stall
In a recent market analysis, Daan pointed out that despite a partial recovery in the total altcoin market cap (excluding Bitcoin), the sector has not yet broken through a key horizontal resistance level that would signal a true reversal. This resistance — clearly marked on the chart — remains the main obstacle altcoins must overcome to catch up with BTC’s explosive momentum.
The chart shows a familiar rounded bottom pattern forming, but the market is still struggling to push past the red key level. Previous attempts have failed, and until this barrier is decisively breached, Daan remains cautious on altcoins.
Historical Context and Current Caution
Even with the bounce from recent lows, the altcoin market’s sluggishness contrasts sharply with Bitcoin’s robust trend. The “Election Pump” seen earlier in the year briefly boosted sentiment, but the overall structure still reflects underperformance.
“Overall, the BTC trend is just much stronger, as it has been all cycle,” Daan noted — a sentiment echoed by many analysts who continue to favor Bitcoin over altcoins for now.
What to Watch
For altcoin investors, the message is clear: caution remains warranted until the total altcoin market cap can convincingly break above the horizontal resistance zone. Until that happens, Bitcoin’s leadership appears unchallenged.
As capital continues to rotate toward BTC, altcoin traders may need to stay defensive — or risk getting caught in a trend that’s not yet ready to reverse.
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