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The market expert says that domination has struck its ceiling

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Raoul Pal, founder of Real Vision and the leading trade name, said on Wednesday that the domination of Bitcoin could have exceeded this cycle.

In a post X, PAL said that Demark’s indicators signals point to the potential that a change is imminent after several months of bitcoin at the top of the market. PAL noted that the daily, weekly and monthly graphics are all flashed Higher signals On Bitcoin dominance.

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The domination of Bitcoin is now at almost 65%, a figure that has increased regularly since December 2024. Despite this growth, it has not yet reached the 2021 summit by 74%, or the 2017 summit before. According to PAL, this indicates a weakening of the trend of the percentage of the cryptography market dominated by Bitcoin Over time.

Demark Tops Flash Warning Signs

Pal relied on technical analysis tools called DeMark indicators, developed by the veteran of the Tom Demark market. They are used to identify when a trend could lose momentum. Although PAL did not specify the exact signals he looked at, one of the functions of TD Sequential is to find turns like this.

Currently, Bitcoin has been more than 6% since the start of 2025 and has just recovered the level of $ 103,000. The room slowly heads for the $ 105,000 threshold. But while Bitcoin goes higher, most of the other cryptocurrencies were unable to keep the pace.

Altcoins fell late

Statistics indicate that the Total2 index, which captures the value of the cryptography market to the exclusion of bitcoin, dropped almost 20% this year. It went from $ 1.34 billion to $ 1.07 billion of dollars. This difference between Bitcoin and the rest of the market has contributed to increasing the domination of Bitcoin. If PAL’s analysis is correct, this difference will soon start to shrink.

BTC is now traded at $ 103,589. Chart: Tradingview

He thinks that as soon as the domination of bitcoin reaches a peak, money can start to enter altcoins. Traders generally pass their Bitcoin lens to smaller parts as soon as they believe that the first room has been exhausted. This is what happened before, and PAL thinks that the same can happen.

Banana area theory

PAL also mentioned what he calls the “Banana Zone”. It is his terminology for a period when prices accelerate in a short and curved trajectory – a bit like a banana. He divides this into three stages. The first phase, he said, started in November 2024, when crypto prices began to break out.

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Now he thinks that we are entering phase two, which he calls the “singularity of banana”. This is the part where altcoins are starting to increase faster than Bitcoin, as more and more investors are starting to drive larger gains in more risky parts. It is generally when people start to see major movements through smaller tokens.

The Altcoin season can be on the way

PAL’s message is clear: Bitcoin time at the top can slow down. If the technical indicators are correct, Altcoins could soon take the front of the stage. It would not be the first time. In previous bull races, Capital turned from Bitcoin and in Altcoins while the domination of the upper part was withdrawn.

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