ALT/BTC just reclaimed the October 10th crash level while Bitcoin is still sitting 40 percent below its highs.

That shift matters.

BTC is dumping harder than alts, which tells me relative strength is quietly rotating. When alts stop bleeding against BTC during downside pressure, it often signals positioning for the next expansion phase.

This is not random volatility. It is a structure shift.

Keep watching ALT/BTC. That’s where the real story is unfolding.