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#BTCPullbackAltRotation Bitcoin has pulled back after briefly topping $87,000, while the broader crypto market continues to show stronger altcoin participation. Glassnode reports that 72.5% of tracked assets outperformed BTC over the past week, with NEAR, UNI and ZEC among the strongest performers. Meme coins such as PEPE, WIF and DOGE also benefited from renewed risk appetite. The important question is whether this is a healthy rotation or the beginning of a speculative late-cycle phase. Glassnode’s data suggests the move has not yet been driven by excessive altcoin leverage, which is constructive. My view is that spot-driven outperformance is healthier than a futures-led rally, but BTC’s support levels and institutional flows still matter. A deeper Bitcoin correction could quickly reverse altcoin gains.