🚨 The rebound of altcoins has become an illusion! Bitcoin's dominance overshadows everything!
Over the past year, despite many calls for an altcoin rebound, the reality has been disappointing. The rebound is not driven by chart patterns or hypothetical lag effects, but relies on the decline of Bitcoin's dominance and the rise in total market capitalization.
🔍 As Bitcoin's dominance continues to rise, Ethereum has shown weakness, and almost no other cryptocurrency can become a strong competitor. Currently, there is no clear alternative narrative, and other altcoins may continue to lag behind. In this cycle, it remains the market leader.