While Bitcoin's horizontal movements above $28,000 and Ethereum's rise in Bitcoin parity raise expectations for altcoins, we see that the rate of increase in Bitcoin dominance has slowed.
While waiting for the altcoins that have lost blood for a long time and failed to perform as expected in Bitcoin's $28,000 journey, analyst Andrew Kang made a post stating that altcoins will rise in the coming period, but that it is necessary to be selective here.
Stating that the rise in BTC dominance has lost momentum, the analyst stated that a subseason may soon begin for good altcoins. ETH, DOGE and Arbitrum (ARB) were on the analyst's favorite list.
The analyst himself complied with what he said. According to Lookonchain data, Andrew received 795,120 ARB tokens for 1 Million USDC after sharing. The analyst's ARB purchase cost was $1.26.
This is Andrew's wallet.
