Bitcoin domination has fallen, that somehow help altcoins to move upwards recent days. It is hard to predict exactly where bitcoin will drop to and halt its falls, but I guess that bitcoin might have its serious correction this time, and might retest its support around $8000. Let's see how its correction occur next two weeks. Today, bitcoin domination fell to 64.5%.
I am sure it will regain its dominance back, and like you said, we are still in correction phase, it’s looking like bitcoin would not gain dominance again for now because I think this should still be the longest correction we have ever witnessed ever since bitcoin rose to $13800 and could not break further barriers.
I am not so sure that altcoins are even responding to bitcoin fall right now, most altcoins are still the same way they have always been, in fact has bitcoin falls in price, majority of them also falls in price, I don’t even know which direction they want to go, because some alts decline when bitcoin declines, while they still continue to decline when bitcoin increase, I am just waiting to see the effect of altcoins season on them when the time comes for alts to moon.