🔴 Massive Underperformance vs BTC

All these coins are down ~60–85% against Bitcoin, which means:

Even if they may look “cheap” in USD,

They’ve been bleeding value relative to BTC for a long time

Examples from your list:

ADA/BTC: −58%

AVAX/BTC: −71%

NEAR/BTC: −73%

DOT/BTC: −75%

ARB/BTC: −77%

APT/BTC: −86%

📉 What This Tells Us (Market Structure)

1. Bitcoin dominance phase

Capital is parked in BTC, not rotating into alts.

This is typical pre-altseason or mid-bear-cycle behavior.

2. Most alts are still in macro downtrends vs BTC

Lower highs, lower lows on ALT/BTC charts.

No confirmed trend reversals yet.

3. “Cheap” ≠ good entry

Alts can stay oversold vs BTC for months.

Catching bottoms early usually leads to opportunity cost.

🧠 How Smart Money Usually Plays This

Accumulate BTC first

Wait for:

BTC dominance topping

ALT/BTC higher lows

Clear breakout structures on weekly ALT/BTC charts

Only then rotate size into alts

✅ What to Watch Next

BTC dominance rejection

ALT/BTC pairs reclaiming key weekly resistance

Volume expansion on ALT/BTC (not just USD)

If you want, I can:

Break down which of these ALT/BTC pairs is structurally strongest

Do a full ALT/BTC rotation analysis

Or apply your saved BTC/USDT-style script to one of these pairs (e.g. AVAX/BTC, DOT/BTC, ARB/BTC)

Just tell