Bitcoin

The market's fixation on irrelevant phenomena reflects a classic bear market symptom: narrative-seeking during directional uncertainty. With BTC dominance at 56.3% and altcoins bleeding 20%+ versus BTC, capital is fleeing to safety while the ecosystem remains structurally unprepared for macro tightening cycles. This 'distraction phase' typically precedes either a capitulation bottom or a relief rally when real catalysts emerge.

Astronomical events including a lunar eclipse and a major meteor shower are expected this summer.