Currently, there is no sign of a turning point in market share. Even if there is a significant rebound from imitation products, it should also be structural. We should observe where the capital flows before deciding on our positions. A turning point in market share is when everything revives.

Don't worry if you miss out! There will be more opportunities!

Bitcoin's market share has been rising since 2022 and hasn't looked back. By observing previous data, we can clearly understand that when altcoin season arrives, Bitcoin's market share will definitely decline. Currently, there is no sign of a decline, so even if this wave is just the first shot of altcoin season, it's merely an appetizer, and there's no need to panic.

The real altcoin season will only occur when Bitcoin's market share is fluctuating at a high level. In the last bull market, BTC's market share reached a maximum of 72%. This time, due to the sheer number of altcoins, I estimate it will be difficult to reach above 72%. For now, we just need to focus on when the market share starts to turn; once it starts to turn, we can expect the real altcoin season to begin. 🫡