$BTC

The market share of Bitcoin continues to rise after reaching a new high, now at 65.1%. If this bull market still has an altcoin season, it should be recent. If it hasn't happened recently, this circle may never see an altcoin season again. 65.1% is already an extremely exaggerated number, considering that there is an increasing share of stablecoins in the market. It can be said that altcoins are almost being absorbed to the extreme.

If the bull market ends like this, it indicates that the cyclical patterns, market share, global liquidity indicators, and their correlations have all become invalid.