Bitcoin dominance weakens Ethereum and altcoins rally together.

Bitcoin dominance falls sharply to 63.89% despite BTC breaking through $106,000 for the first time since February 6.

Major altcoins are starting to recover with ETH up 31.9%, while SOL, DOGE, and ADA are up more than 15% each.

ETH/BTC ratio bounces off its lowest level since 2020, signaling the potential start of a capital rotation into altcoins.

CoinMarketCap Altcoin Index Jumps from 23 to 36 in four days, nearing altcoin season threshold.

While many altcoins are still lagging behind, the surge in early May gives hope for their revival.

Is this the start of altcoin season, or just a short-term technical correction?