According to Mihir (@RhythmicAnalyst) referencing CoinTelegraph, BTC dominance has shown a significant decline today, marking the second consecutive large red candle in its chart (Source: CoinTelegraph, May 9, 2025). This shift signals that altcoins are absorbing increased market liquidity as Bitcoin's dominance faces resistance levels previously identified on May 1st (Source: @RhythmicAnalyst, Twitter). Traders should monitor altcoin trading volumes and liquidity flows, as this move could indicate a near-term rotation of capital from Bitcoin into high-cap altcoins and trending DeFi sectors.