#山寨币突破 Altcoin Breakthrough: The Market Welcomes a New Wave of Uptrend
Recently, the cryptocurrency market has shown significant changes, with altcoins collectively surging. Ethereum (ETH) has broken through $2600, with a weekly increase of over 40%, driving mainstream coins and altcoins to rebound significantly. Analysts point out that while Bitcoin's dominance remains above 63%, its market share decline suggests that funds are flowing into a broader market. CoinMarketCap data shows that MemeCore (M) skyrocketed 1263% in a week, while Solana (SOL), XRP, and others also experienced astonishing increases.
Institutional capital influx has become a key driving force, with over $700 million flowing into Ethereum ETFs in a single day, and institutional buying pushing demand growth. Meanwhile, although the 'altcoin season index' is only 29, technical indicators and on-chain activity show signs of warming, with some analysts stating that 'the last simple bull market' is approaching. Fund rotation, a shift in macro policies, and progress in cryptocurrency legislation may support the continued rise of altcoins. Caution is needed regarding market volatility risks, but short-term potential remains a focus.