When our major alt season happened in 2017 it was after BTC peaked, dropped 50% from the highs, found a floor, and then BOUNCED for it's first major relief rally that we finally saw alts go ballistic (total altcoin marketcap tripled off the lows and made new ATH from this point). As BTC approaches 60k, some 50% below prior ATH, many are noticing the relative strength in alts at these levels as BTC melts but many alts hold relatively "steady", sending BTC dominance down in the first significant pullback on BTC dom that we have had in nearly 8 months. I think once BTC finds a floor here we may finally see a significant correction on BTC dominance as alts outperform to the upside- just as we saw after the last cycle top in 2017. The only major difference between the current situation and the one in 2017 was in the former all this took place post blow off top and in the latter we are still missing one (leaving the door open for a "temporary" resurgence in BTC dominance if this were to materialize down the road). In any case, the predominant narrative from a few months ago of an "endlessly rising Bitcoin dominance as alts go to zero" is slowly starting to show some cracks...(CrediBULL Crypto)