According to Crypto Rover, BTC dominance is experiencing a significant decline while ETH dominance is rising, signaling the textbook beginning of a massive Utility Season (source: Twitter @rovercrc, May 15, 2025). This shift in market share indicates increased trader interest in Ethereum and other utility-focused altcoins, which historically correlates with stronger performance in DeFi, NFT, and Layer 2 tokens. For crypto traders, monitoring these dominance metrics is essential for identifying early momentum shifts and sector rotations. Such changes can result in increased volatility and trading opportunities across altcoins, as liquidity flows out of Bitcoin and into high-utility assets.

According to Miles Deutscher, ETH dominance has rebounded precisely from its monthly support level, a technical pattern that historically precedes periods of strong altcoin performance (source: Twitter/@milesdeutscher, May 10, 2025). Traders should monitor this bounce closely, as previous rebounds from this support have often triggered significant capital rotation from Bitcoin into Ethereum and the broader altcoin market. This development, validated by on-chain and dominance data, provides a concrete signal for potential altcoin season acceleration, making it an actionable indicator for crypto investors seeking opportunities beyond BTC.