Previously, I always believed that in each bull market, BTC's market share would gradually decline as more and more valuable other cryptocurrencies emerged. But recently, my view has changed. With the emergence of a large number of altcoins with no real value, such as 37 million air coins, the market has become full of bubbles.
Now, I think BTC will in turn absorb these altcoins, further increase its market share, and may even reach 80% to 90% again. In this market environment, the gap between high-quality assets and air coins will only get bigger and bigger, and the polarization of the market will become more and more obvious.
