Analysis: The altcoin rebound failed to continue, and Bitcoin's short-term momentum is weakening.

Matrixport analysis points out that although the previous decline in Bitcoin's market capitalization share led to a temporary rebound in altcoins, this rebound failed to sustain itself as the overall market capitalization of the crypto market weakened. Over the past year, altcoins have generally underperformed, with market preference remaining concentrated on Bitcoin. Currently, Bitcoin's short-term momentum is weakening, and risk appetite is recovering only to a limited extent; the altcoin market is likely to see structural differentiation. At this stage, trading should focus on top-tier assets with high liquidity and better trading depth, while strengthening risk control and position management. The market has gradually shifted from an environment emphasizing "long-term holding + dollar-cost averaging" to one that stresses timely entry and active trading.