The cryptocurrency market is experiencing notable changes with a decline in Bitcoin's dominance from its 3.5-year high of 60%, leading to anticipation of an altcoin rally.
Popular crypto analyst Moustache highlights the Altcoin Index, which reveals a strong bullish pattern, indicating a potential for significant growth in altcoins.
This drop in Bitcoin dominance suggests a promising period for altcoins, dubbed the "up only" season by market enthusiasts.