Bitcoin has become the 'star' of the cryptocurrency world, will altcoins make a collective comeback? Recently, there has been an interesting phenomenon in the crypto space — Bitcoin's market share has risen to nearly 64%. This is equivalent to a class of 100 students trading cryptocurrencies, with 65 of them putting all their money into Bitcoin, while only 35 dare to touch altcoins. This indicates that everyone is being very conservative now, thinking of Bitcoin as the 'top student in the class,' believing that following it will never go wrong, while altcoins are like the 'underperformers' sitting on the sidelines, completely ignored.
However, historical experience tells us that every time Bitcoin is the 'star' (with an extremely high market share), it is actually a good opportunity for altcoins to gather strength secretly. For example, in 2021, when Bitcoin's market share surged to 70%, Dogecoin and Ethereum suddenly soared, multiplying several times; last November, when Bitcoin's market share hit 60%, it sparked a mini bull market, with altcoins benefiting as well. The current situation is like Bitcoin taking the lead, while altcoins are superficially 'playing dead,' but in fact, they are accumulating powerful moves beneath the surface! Once Bitcoin gets tired of rising, funds will flow like water into altcoins, and these 'underperformers' might collectively turn into 'dark horses.'
What should ordinary investors do now? Never chase high with Bitcoin as a 'bag holder,' and don't impulsively go all-in on altcoins. You can choose some recently popular sectors, like AI, ZK, and RWA, which are the 'top representatives' of their fields, and start with a small position to accumulate some 'tickets.' When the wind comes, you might be able to catch a free ride. The current market feels like the calm before the storm; it seems quiet, but in reality, there are undercurrents brewing. Remember, opportunities are always reserved for those who are prepared, but we must also stay steady and not be swayed by short-term fluctuations! Do you think this wave of altcoins can rise up?