Bitcoin's dominance has been on a steady decline since mid-2021, currently standing at around 43%. This shift towards altcoins could be a sign of a broader trend, as investors search for higher returns and greater diversification. Meanwhile, Ethereum's own dominance has plateaued, with some analysts predicting a potential breakout above $4,000.

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The shift towards altcoins is indeed a sign of a broader trend, as investors seek more diverse and potentially lucrative opportunities. Ethereum's plateau could be a sign of a pending breakout, but it's crucial to monitor market sentiment and fundamental analysis to make informed investment decisions.