The analysis points to a potential shift into altcoins. Bitcoin dominance has consistently declined, dropping 10% in two months, signalling a possible rotation of capital into altcoins. ETHBTC indicates strength in ETH. With September approaching, ETHBTC needs to hold its breakout above 0.035. Failure to hold this level could result in a pullback to the 0.030 region. The Russell 2K index also indicates a potential risk-on phase. Since ETH and Russell 2K move in sync, with ETH acting as a leveraged version of the index during risk-on periods. With the Russell 2K pressing against resistance around 2300, a breakout could signal increased risk appetite, potentially leading to an explosion in altcoins and a further decline in Bitcoin dominance below 55%. The Long Term Holder MVRV is at 3.3, suggesting more room for the rally. Altcoin open interest dominance is at 32%. Expecting the rally to continue through August 23rd and trims on positions. Expects a September dip but a weaker Bitcoin dominance.