Bitcoin's market share falls below 60%, creating a six-month low. Is a new round of 'altcoin season' coming?

Bitcoin's market share has fallen below 60%, hitting a six-month low. At the same time, TOTAL2 and TOTAL3 are rising concurrently, as the market anticipates a new round of 'altcoin season' brewing. (Background: El Salvador hints at launching a 'Bitcoin Bank', presidential advisor: BTC is unstoppable) (Additional context: Trump will allow 401(k) retirement funds to invest in Bitcoin! Vice President Vance: Soon, 100 million Americans will own BTC) Bitcoin's market share (BTC.D) reached a four-year high of 66% in mid-June this year, but has been continuously declining recently, falling below 60% today (10), marking the lowest level in six months, dropping to 59.97% before the deadline, a decline of over 3% in a week. The break of this key level indicates that funds are starting to seek higher Beta target markets, and more voices are seeing this as the starting point for capital rotation into altcoins. TOTAL2 and TOTAL3 are rising. Notably, the total market cap excluding Bitcoin (TOTAL2) jumped 11.94% in a week, currently reaching $1.56 trillion; the total market cap excluding Bitcoin and Ethereum (TOTAL3) also increased by 8.58% during the same period, surpassing $1 trillion. This shows that while funds are leaving Bitcoin, they are quickly entering other currencies, coupled with the recent continuous net inflow of stablecoins into exchanges, providing 'ammunition' for altcoins to surge. The total market cap excluding Bitcoin (TOTAL2) presents both opportunities and risks: investors need to be cautious in their layouts. However, despite Bitcoin still fluctuating at high points, the author wants to remind investors that if BTC does indeed undergo a significant correction, the decline in altcoins will likely be even more severe. When sensing the market atmosphere is off, be cautious of the 'pullback risk brought by high volatility', and avoid blindly chasing highs. Moderately diversifying, setting profit-taking and stop-loss levels, and dynamically adjusting positions are still necessary practices to navigate through volatility. Related reports: Harvard University's investment portfolio includes $117 million in BlackRock Bitcoin ETF. El Salvador hints at launching a 'Bitcoin Bank', presidential advisor: BTC is unstoppable. Will Ethereum almost not be born? Brian Armstrong revealed: he once invited Vitalik to join Coinbase, but missed the opportunity due to U.S. visa issues. 'Bitcoin's market share falls below 60%, creating a six-month low. Is a new round of “altcoin season” coming?' This article was first published in BlockTempo (the most influential blockchain news media).