Matrixport: The temporary rebound of altcoins has failed, and market preference still leans towards Bitcoin

Matrixport released a daily analysis indicating that although the market cap share of Bitcoin had previously declined, tactical models once suggested that altcoins had the potential for a phase rebound. However, as the total market cap of the crypto market weakened again and showed signs of decline, the rebound momentum of altcoins could not be sustained.

In the past one to two years, altcoins have generally performed weakly, with market preference still leaning towards Bitcoin in most phases. It is noteworthy that during Bitcoin bull market phases, the continuous underperformance of altcoins is historically uncommon. Analysts point out that in the current environment, traders are more inclined to focus on top assets with higher liquidity and better trading depth, and the importance of risk control and position management has significantly increased. Overall, the market is gradually transitioning from a relatively passive "long-term holding + dollar-cost averaging" phase to a trading environment that emphasizes timing entry, active positions, and drawdown control.