The ETH/BTC pair has reached a 7-month high, traditionally a bullish signal for altcoins. At the same time, Bitcoin dominance has climbed back above the 60% threshold, an indicator that favors BTC instead. These two contradicting signals make it difficult to determine whether 2026 will see an altcoin season. Traders are now watching to see which indicator will prevail in confirming or denying the start of a bullish trend for alternative cryptocurrencies.
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