$BTC According to BlockBeats, James Wynn expressed his views on the market on platform X, highlighting concerns about excessive leverage in altcoins. He noted that many investors are not adequately hedging their risks with Bitcoin.
Wynn suggested that Bitcoin's market dominance (BTC.D) could reach unprecedented levels, potentially delaying the onset of a strong altcoin season. He believes that the altcoin season will begin when BTC.D decreases and stabilizes.