After a prolonged downtrend, dominance hit a bottom zone and then formed rising lows, initiating an upward trending pattern. This indicates that capital is gradually starting to shift back to $ETH .

However, there is an important detail in the last part. The price is being rejected around 11.5% of ( dominance and has started a short-term downward correction. This pullback is currently heading toward the rising trend line around the 10.7–10.8 band.
▪️ As ETH dominance rises, liquidity within the market shifts to ETH.
▪️ When ETH dominance falls,
liquidity spreads to altcoins.
The current pullback does not appear to be a trend break; rather, it seems more like a correction following an upward move. Therefore, the key factor is whether this trend line will be maintained.
The impact of this situation on #Ethereum and the overall altcoin market will be directly related to liquidity distribution. As dominance pulls back, altcoins may perform relatively better in the short term.
However, if dominance remains in an upward structure like now, this strength is not permanent and is more likely temporary. As long as the overall trend of ETH dominance stays upward, market leadership will continue to remain with ETH.
Dominance is still in a structural recovery process from the bottom. During this process, some coins within the altcoin market are expected to diverge and follow ETH.
In summary, the chart indicates:
The market is not yet in a fully altcoin-focused phase. Although liquidity occasionally flows into altcoins, the overall structure suggests that ETH is regaining its influence within the system. This shows that altcoin performance largely continues to depend on ETH’s strength.
⚠️ #advertisement or investment advice is not provided. This analysis reflects my personal opinion. It is not definitive.