$BTC.D Was on a monster run for almost 3 years when it came to a halt last year. This is when $ETH/BTC put in a bottom around 0.0175 and traded up to 0.043, taking back a good amount of market dominance together with other alts. But since that rally, the momentum on most ALT/BTC pairs has stalled, and BTC is slowly gaining the momentum again relative to alts. For risk appetite in alts to truly return, you need a better market environment and more momentum. Most of the speculating is now happening in stocks and commodities since 2025 and that's what's hurting alts the most. That and predatory tokenomics of course.