Some altcoins, such as STX, YFI, and TAO, have seen significant rebounds, but the scope of these rebounds is limited and concentrated in a few cryptocurrencies. While Bitcoin's price is rising, the overall performance of altcoins is uneven, leading to a continuous increase in Bitcoin's total market capitalization share. This indicates that funds are more inclined to flow into Bitcoin rather than broadly pushing up the altcoin market. Investors have taken profit on some rebounding cryptocurrencies, reflecting a cautious attitude towards short-term gains.
