Bitcoin: Binary Outcome — Watch Dominance and Flows for Breakout or Sell-Off

I agree with Samson Mow's framing that Bitcoin is facing a binary outcome driven by the current altcoin mania: either a dramatic “Godzilla” style breakout or a meaningful retracement as liquidity rotates into alts. The market's positioning and the pace of alt inflows make both outcomes plausible.

I'm watching Bitcoin dominance, on‑chain flows, exchange net flows, funding rates and spot/derivative spreads for early confirmation. A sharp drop in dominance with continued leverage in alts would raise my probability of a pullback; rapid outflows from exchanges into cold storage and rising spot demand would increase the odds of a strong rally.

For now I remain cautious and prefer to wait for clear confirmation before adding material long exposure; I would consider partial entries on meaningful weakness with tight risk controls and scale into any rally only after durability is proven.