Cryptocurrency analyst Rekt Capital stated that Bitcoin's market cap share needs to exceed 70% to initiate a new round of "altcoin season."

ChainCatcher news, according to crypto analyst Rekt Capital, Bitcoin's market cap dominance (BTC Dominance) needs to break 70% to potentially welcome a new altcoin season. Currently, Bitcoin's market cap dominance has risen to 64.3%, then fell back to 61%, but the overall trend is still upward.

Analysis indicates that the altcoin season at the end of 2024 has already ended. Bitcoin has started to recover since it fell below 55% last December, and it has now risen by 6%. Historical data shows that 71% is a critical point for Bitcoin's market cap dominance. If BTC.D encounters resistance at this level, the market may welcome a new round of altcoin trends.