It is kind of crazy to see how bitcoin continues to dominate. I think it is a key barometer of the market to see where the money is flowing. I hve been watching it closely for some time now and find it interesting that it is close to 50% from a high of almost 60% earlier this month. It couk be giving a signal...
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What signal are you thinking that might be?
I think it can lead to a more uncorrelated market where assets with better fundamentals outperform the market (bitcoin in particular). This could lead to a healthy turnaround of the downtrend but will all spell the ultimate failure for many others as they go to zero.