If you're still using Coinmarketcap it's time to make the switch to Coingecko. Coingecko is a cryptocurrency ranking and evaluation site that aims to provide a much more accurate overview of a coin's performance and market performance.
They use several metrics to do this such as Twitter followers, Reddit subscribers, coin community, the cost of a 51% attack, the number of developers working on the coin and much more to provide an overall score of the coin and a rating for each category. This means that you'll always be better equipped to handle the market when you use Coin Gecko.
(Limited Edition CoinGecko New Years Collectible)
Coin Gecko's recent report shows that Bitcoin dominance grew by 10.4% to a total of 66.6%. Looking at the rest of the report it looks pretty optimistic. Bitcoin holding the 10k mark is a good spot to be in and we're seeing altcoins recover slightly as well.
This reminds me a lot of the early 2018 period and it seems like we're accumulating for another big push. With Ethereum POS around the corner and the general FOMO of the market I would expect to see ETH in the $400-500$ range sometime this year/start of next if there is no bad news. If Bitcoin pumps on top of that then we could be looking at new All-Time Highs. Super optimistic going forward and I'll be checking Coin Gecko on the daily!