Altcoin Surge Expected as Bitcoin Dominance Drops Below 54%

The cryptocurrency market is anticipating a significant rally as Bitcoin dominance falls below 54%. This drop, often seen as an early indicator of altcoins taking the lead, has led to increased capital rotation into these assets. Ethereum stands out as a driving force behind this surge, with its trading volume soaring by over 28% on Binance, while ADA and BNB have shown impressive price gains. Market analysts are observing key indicators, such as RSI readings and wallet data, suggesting a potential breakout point around June 15th. These trends indicate that we might be witnessing the beginning of a broader altseason, with Ethereum leading the charge.