These four together answer a much more useful question than RSI or MACD alone:
Where is capital actually flowing?
Because BTC can go sideways while alts collapse.
BTC can rise while alts outperform.
Crypto can rally while stablecoin dominance falls.
Or the entire market can look green while capital is actually hiding in BTC and stablecoins.
The relationship between these charts matters more than any one of them individually.
And right now the message is very clear:
The altcoin market has not confirmed a risk-on rotation yet.
There are early signs that the environment could improve, but we are not there.
1. BTC dominance: 59.1%

BTC dominance is currently around 59.1%.
The levels I am watching are:
60.4% resistance
62.6% major resistance
58.5% support
57.2% deeper support
BTC dominance basically tells us how much of the total crypto market belongs to BTC.
When dominance rises, BTC is outperforming the rest of crypto.
When dominance falls, capital is generally rotating further out on the risk curve.
What interests me is that BTC dominance has already rejected from around 61% and is now sitting around 59%.
But it has not broken the important 58.5% support.
That distinction matters.
A lot of people see BTC dominance fall slightly and immediately start calling altseason.
I don't.
For me, the first meaningful confirmation comes if BTC.D loses around 58.5%.
Then I watch 57.2%.
A sustained break underneath both would tell me that BTC is beginning to lose market share in a more meaningful way.
Until then, BTC still controls the market.
And if dominance instead reclaims 60.4%, I become considerably more cautious on alts again.
Above that, 62.6% becomes the bigger level.
So right now:
BTC dominance is softening, but it has not broken down.
2. Stablecoin dominance: 11.8%

This is probably the most underrated chart of the four.
Current stablecoin dominance is around 11.8%.
Key levels:
12.1% resistance
12.6% major resistance
11.4% support
9.8% deeper support
Stablecoin dominance tells me how much capital is effectively sitting on the sidelines in stable assets rather than being deployed into crypto risk.
When stablecoin dominance rises aggressively, that usually means capital is moving defensive.
When it falls, capital is being deployed back into BTC, ETH and alts.
Right now stablecoin dominance is trapped around 11.8%, between 11.4% and 12.1%.
That is not risk-on.
It is indecision.
The chart has spent weeks consolidating at relatively elevated levels after the huge move higher earlier this year.
That tells me there is still a lot of capital sitting defensively.
What I really want to see for a broader crypto rally is:
11.4% breaks
Then stablecoin dominance starts trending toward 9.8%.
That would tell me capital is leaving stablecoins and returning to crypto assets.
The bearish scenario is the opposite.
If stablecoin dominance breaks 12.1% and then 12.6%, that would suggest another defensive rotation.
And that would be a warning for both BTC and alts.
3. ETH/BTC: 0.0297

ETH/BTC may actually be the most important altcoin chart right now.
Current ratio is around:
0.0297
Resistance:
0.0300
Then 0.0344
Support:
0.0283
Then 0.0264
ETH/BTC has already done something constructive.
It broke the long downtrend that had been pressing the ratio lower for months.
But now it is sitting directly underneath 0.0300.
That is the real test.
If ETH can reclaim 0.0300 against BTC and hold it, that tells me ETH is beginning to outperform BTC rather than simply rising because BTC is rising.
That distinction matters enormously.
A real alt rotation usually needs ETH to start showing relative strength.
The next major level after that is around 0.0344.
That would represent a much more meaningful shift.
On the downside, losing 0.0283 would weaken the breakout structure.
And losing 0.0264 would put ETH/BTC back near the lows.
So ETH is improving.
But again, confirmation has not arrived yet.
4. TOTAL3: 658b

TOTAL3 measures the crypto market excluding BTC and ETH.
This is the cleanest way for me to see whether capital is actually flowing into the broader altcoin market.
Current TOTAL3:
Approximately 658b
Immediate level:
661b
Major resistance:
775b
Then 902b
Support:
567b
Then 517b
This is probably the weakest chart of the four.
TOTAL3 is sitting around 658b, barely holding underneath the 661b area after months of damage.
The market attempted a recovery toward roughly 775b earlier this year and failed.
Since then alts have returned almost all the way to the June lows.
That is why I am not buying the argument that altseason has already started.
The data does not support it.
For me, the first thing I need is TOTAL3 reclaiming and holding 661b.
That is only the beginning.
The much more important confirmation comes if the broader alt market eventually breaks 775b.
Until then, I treat alt strength selectively rather than assuming everything will run.
Put all four together.
BTC dominance:
Softening, but still above support.
Stablecoin dominance:
Still elevated and refusing to break down.
ETH/BTC:
Improving, but sitting directly under resistance.
TOTAL3:
Trying to base, but still near the lows.
That is not altseason.
It is a possible early rotation setup.
And there is a huge difference.
For me to become materially more bullish on alts, I want to see several things happening together:
BTC.D below 58.5%.
Stablecoin dominance below 11.4%.
ETH/BTC above 0.0300.
TOTAL3 above 661b, then eventually attacking 775b.
If those four begin confirming each other, I will take the altcoin rotation much more seriously.
Until then, I stay selective.
I would rather enter after the evidence improves than buy 30 random alts because someone declared altseason on X.
My Wednesday read
The market is trying to rotate.
It has not completed the rotation.
BTC dominance is weakening slightly.
ETH relative strength is improving.
But stablecoins remain elevated and the broader alt market is still sitting near major support.
That tells me capital is testing risk again.
Not embracing it.
There is a difference.
And that is exactly what I am watching over the next few weeks.
In Premium I break down the exact bull case, base case and bear case using all four charts together.
Not just where BTC.D goes.
What I want to see happening simultaneously across BTC dominance, stablecoins, ETH/BTC and TOTAL3 before I increase alt exposure.
That matters because one chart can fake you out.
Four independent capital-flow charts confirming each other is much harder to ignore.
I also explain the specific sequence that would make me say:
"Yes, the alt rotation has actually begun."
Versus:
"No, this is another temporary bounce and capital is still hiding in BTC and stablecoins."
This is the kind of framework I post and update live for members rather than waiting until the move is obvious to everyone.
Victor

