The charts are definitely screaming rotation, but the macro reality is keeping a lid on the explosion for now.

BTC Dominance (BTC.D) is sitting at 57.0%, right at that "Point 2" inflection zone in the chat . Technically, it looks like a textbook lower high below the 65% resistance trendline. Historically, this is where the baton passes to alts, but this cycle has a few extra hurdles.

1. The Liquidity Problem
The "altcoins underperformed" this post is spot on. We're currently in a contracting liquidity environment with the Fed shrinking its balance sheet by $53B a month. In previous cycles, alts pumped because there was a surplus of new money. Right now, we're mostly seeing rotation of the same capital.

2. Price Check (Current Market)
BTC: $68,972 (-0.81%)
ETH: $2,009 (-1.55%)
SOL: $84.42 (+0.30%)
BNB: $631.52 (+0.97%)

SOL and BNB are showing the relative strength mentioned, holding up while BTC pulls back. ETH is the outlier, struggling at the $2k level with extremely negative funding. This "max pessimism" in ETH funding often signals a sentiment bottom, which could be the spark alts need.

3. The Catalyst
Today is a huge day for the "printing" opportunity. We have US Retail Sales and NFP data coming at 13:30 UTC. If that data comes in soft, it gives the Fed room to breathe, which is the exact "risk-on" trigger the dominance breakdown needs to accelerate.

Verdict: The setup is there. BTC.D is at a historical ceiling. If BTC holds the $68.4k support and macro data doesn't spike volatility, we could finally see that "clean rotation" start this week. Focus on the ones showing strength now (SOL, BNB) as they usually lead the pack.