Analysis: Bitcoin's market share has rebounded to 58.5%, potentially indicating that the crypto market is entering a consolidation phase.

CoinFeed reported on May 13th that, according to The Block, Bitcoin's market share has rebounded from a low of 55% to approximately 58.5%. This indicator has historically been a bellwether for fund rotation within the crypto market: rising market share typically accompanies a consolidation phase where Bitcoin outperforms altcoins, while declining share often foreshadows an altcoin season. Bitcoin's market share peaked between 62% and 63% in mid-2025, subsequently declining to approximately 54%. The current rebound to 58% suggests the market may be consolidating rather than fully shifting towards altcoins. Bitcoin's price has rebounded from a February low of approximately $63,000 to approximately $80,000. TON, ZEC, and DOGE have performed relatively strongly over the past month; this pattern has previously foreshadowed altcoin expansion when Bitcoin's market share began to decline. The key question is whether Bitcoin's market share will consolidate at its current level or continue to decline.