Opinion: The strong rebound in BTC market share has caused altcoins to suffer losses; as long as BTC remains the "safest" asset, the altcoin season will not arrive.

According to Odaily Planet Daily, crypto data analyst CyrilXBT stated in an article on the X platform that BTC.D (BTC market share) has rebounded strongly from its support level, which is the reason for the sluggish performance of the altcoin market. As long as BTC market share remains high, altcoins will continue to bleed money. Currently, every BTC pullback leads to funds continuing to flow into BTC rather than altcoins. An altcoin season will only begin when BTC is no longer the safest trading instrument, and currently, an altcoin season is not yet approaching.