📊 Market Overview – August Trends

‱ Bitcoin Dominance: 57.61% 🟠

‱ Ethereum Dominance: 13.88% ⚫

‱ Altcoin Season Index: 57/100 đŸ”” → Slight lean towards altcoins

‱ ETH Gas Fees: Practically free (0.59–0.67 Gwei) ⛜

‱ Open Interest: €875.55B (Perpetuals) 📈

‱ Options Volatility: $BTC → 40.69 | $ETH → 75.42 ⚡

👉 Interpretation:

‱ Bitcoin is still the king with strong dominance, but the Altcoin Season Index shows the market is slowly tilting toward alts.

‱ Extremely low ETH gas fees = perfect time for on-chain moves & DeFi positioning.

‱ High ETH options volatility could hint at big moves ahead for Ethereum.

💡 Smart play?

Keep an eye on ETH & mid-cap altcoins while BTC holds dominance. The shift towards altcoins might be the signal traders are waiting for.

🚀 Where do you stand? Are you riding Bitcoin’s dominance or positioning into altcoins for the next breakout?

#CryptoMarketShift #bitcoin #Ethereum #altcoinseason #CryptoTrends