Altcoin Dominance Nears Five-Year High, Five Tokens at Risk of 20% Price Swings
Altcoin dominance is an important metric in cryptocurrency markets that reflects the proportion of altcoins to Bitcoin's market capitalization. As this ratio approaches a five-year high, investors are taking notice.
The current reading indicates a significant shift in investor sentiment, with capital rotating out of Bitcoin and into alternative assets. This movement often precedes sharp price moves across mid- and large-cap tokens.
Five tokens - Aster (ASTER), Arbitrum (ARB), Aptos (APTOS), Sei (SEI), and Render (RENDER) - are being closely watched for potential volatility. Technical analysis suggests that these tokens may be on the verge of breaking through key resistance levels, which could lead to price swings of up to 20% within the week.
Each of these tokens has a unique technical setup that is worth examining in more detail. Aster, for example, has formed a tight trading range near support, with rising volume activity and momentum indicators trending upward.
Arbitrum continues to hold a strong position among Ethereum scaling solutions, despite broader market pauses. Its on-chain metrics show steady activity, while technical analysts describe the current range as remarkable given repeated higher lows.
Aptos has formed an impressive base near multi-week support, with volatility compression reaching levels last seen before prior expansions. Sei has printed higher lows while maintaining stable volume flows, making its pattern a lucrative one to watch.
Render has demonstrated strong reactions near key moving averages, with the current compression phase viewed as high-yield in volatility terms.