Matrixport: The mini altcoin season cools off temporarily, Bitcoin regains dominance

ChainCatcher news, Matrixport released today's chart stating, "The latest round of the 'mini altcoin season' has cooled off in stages, with market preference returning to Bitcoin. Bitcoin dominance previously dropped to a stage low of around 56.8%, but has now rebounded to 59.5%, showing a gradual upward trend. In this round, BTC dominance has increased; this phenomenon may be related to increased institutional participation and capital concentrating in highly liquid and more regulatory-compliant assets. Looking back over the past decade, holding Bitcoin has shown higher consistency and win rates in most periods. Based on this framework, our tactical model has shifted back to Bitcoin over the past month; as long as dominance continues to rise, the current allocation tendency will be maintained for the time being, and will be dynamically adjusted according to market conditions and risk control signals."