The crypto bull market is back, and altcoins are gaining strength collectively. Recently, the altcoin market has shown initial signs of recovery, although it's still in the early stages. With Bitcoin's dominance climbing to 61%, hitting a new local high, there's a continued influx of capital into core assets. However, some profit-taking funds have started flowing into altcoins. Data shows that on the Binance platform, the share of altcoins in the total trading volume of Bitcoin and Ethereum futures has risen to 49%, a significant increase from 31% in March, reflecting a gradual diversification of capital allocation.
Trading activity has also noticeably picked up, marking the fastest recovery in months. Additionally, 12.6% of altcoins have regained their position above the 200-day moving average, indicating a technical strengthening for some assets. However, the overall average price remains over 23% below the 200-day MA, and the market has yet to enter a full 'alt season'. The current strength is more indicative of structural market conditions and capital rotation rather than a trend reversal. Whether this can be sustained in the future remains to be seen. Invest wisely #山寨季 #山寨季节2026 .
Trading activity has also noticeably picked up, marking the fastest recovery in months. Additionally, 12.6% of altcoins have regained their position above the 200-day moving average, indicating a technical strengthening for some assets. However, the overall average price remains over 23% below the 200-day MA, and the market has yet to enter a full 'alt season'. The current strength is more indicative of structural market conditions and capital rotation rather than a trend reversal. Whether this can be sustained in the future remains to be seen. Invest wisely #山寨季 #山寨季节2026 .