Bitcoin's dominance in the market has overshadowed the performance of alternative cryptocurrencies, according to analyst Daan Crypto Trades.
Altcoins are struggling to break through a key horizontal resistance level, hindering their ability to catch up with Bitcoin's momentum.
Despite a recent bounce in the altcoin market, it still lags behind Bitcoin's robust trend, with analysts cautioning investors to remain wary until altcoins show more strength.
Until altcoins can convincingly surpass the resistance zone, Bitcoin's leadership in the market is expected to persist, prompting investors to stay cautious with altcoin investments.