The ETH/BTC trading pair is actually worth paying as much attention to as the BTC dominance chart.

To keep the altcoin season hot, the key point is this: the price level of 0.0309 must hold. Once it breaks below, the entire rotation logic can easily collapse. From a wave theory perspective, my expectation is that in wave i, the fifth wave will form a new high—this scenario remains the most favored direction at the moment.

Regarding trading strategy, I currently hold about 80% of my core ETH position and haven't significantly reduced my holdings. This allocation leaves room for participation in the rebound while maintaining flexible risk management. Whether the key level holds or not, and how the market moves afterward, will determine how far the entire altseason can go.