Matrixport: The popularity of altcoins has receded, but Bitcoin is still the first choice for funds

Odaily News Matrixport released today's chart, saying that there are many sayings in the market that "the altcoin bull market is imminent" and "the crypto market has entered the 'banana zone'". However, for this round of market to come, Bitcoin's market dominance must continue to decline to reflect the increasing share of altcoins in the overall market value.
However, the reality is that retail investor participation is still low, speculative futures trading is at a historical low, and overall market sentiment has not yet reached the critical point before the outbreak. This shows that the current demand for funds is almost concentrated on Bitcoin itself, and mainly flows into the spot market rather than leveraged derivatives.
While Bitcoin may be slow to rise, it remains the most certain trade in the current market environment, and that won’t change even if prices consolidate over the summer, as they did last year and are expected to do again this year.