【Bybit: The altcoin season will shift towards a more selective market that emphasizes quality】According to Golden Finance, Bybit released a report stating that although the peak season for altcoins has not yet arrived in this cycle, the market environment is gradually shifting towards a rotation driven more by institutions. Since April 2025, supported by strong inflows into ETFs and increasing regulatory transparency (especially in ...), Ethereum has outperformed most altcoins. However, the breadth of altcoins remains weak, and ETH's market share is still below the historical peak of the altcoin season. The delay in market rotation is attributed to structural changes in market participation, with institutional investors favoring large-cap assets and longer holding periods. An ETH ETF supporting staking may be approved, which could serve as a catalyst, signaling that the altcoin season will shift towards a more selective market that emphasizes quality.