Altcoin Rally希望比特幣激增後上升

從歷史上看，比特幣傾向於領導集會。一旦結算，其他硬幣通常開始移動。這種模式在過去的公牛跑中播放了

Bitcoin recently hit a new all-time high above $111,000, sparking interest in the broader crypto market. After a small pullback from the highs, the focus is turning to altcoins, with several showing early signs of movement. Solana rose 4%, XRP lifted 1%, and Cardano saw a 2% gain. These numbers have led some to believe that the next stage of the market cycle could be near.

比特幣最近在111,000美元以上的歷史最高高中達到了新的高度，這引起了更廣泛的加密貨幣市場的興趣。從高點出現小的回調後，焦點轉向山寨幣，其中幾個顯示了早期的運動跡象。 Solana上升了4％，XRP提高了1％，Cardano的增長率為2％。這些數字使一些人相信市場週期的下一個階段可能已經接近。

Historically, Bitcoin tends to lead a rally. Once it settles, other coins usually begin to move. This pattern has played out in past bull runs, and many traders now expect the same again. They are watching closely for any signs of capital rotating from Bitcoin into altcoins.

從歷史上看，比特幣傾向於領導集會。一旦結算，其他硬幣通常開始移動。這種模式在過去的公牛跑中已經發揮了作用，許多交易者現在再次期望同樣。他們正在密切關注從比特幣旋轉到Altcoins的任何資本跡象。

Bitget Research Chief Analyst Ryan Lee told CoinDesk that the start of an altcoin run may depend on a drop in Bitcoin’s market dominance. If that happens, it could open the door for coins like Solana and XRP to gain more ground. At the time of writing, Bitcoin’s dominance stands at around 60.58%, according to CoinGecko.

BitGET研究主管Ryan Lee告訴Coindesk，Altcoin運行的開始可能取決於比特幣市場優勢的下降。如果發生這種情況，它可以為Solana和XRP等硬幣打開門，以獲得更多的地面。根據Coingecko的說法，在寫作時，比特幣的統治地位約為60.58％。

Similarly, eToro Australia analyst Reece Hobson told Decrypt that two conditions could set off an altcoin rally. First, he says more liquidity needs to flow into the system, likely through monetary easing. Second, Bitcoin dominance would need to hit the 70% range. Until then, altcoin gains may remain limited.

同樣，澳大利亞Etoro分析師Reece Hobson告訴解密，有兩個條件可能引發Altcoin集會。首先，他說，更多的流動性需要通過貨幣寬鬆而流入系統。其次，比特幣優勢需要達到70％的範圍。在此之前，AltCoin的收益可能仍有受限。

Some market watchers believe the signs of an altcoin season are already appearing. According to trader Carl Moon, Bitcoin’s market share is already falling, which he says could mark the start of an altcoin breakout. His view adds to the growing belief that attention may now shift to other tokens.

一些市場觀察家認為，Altcoin季節的跡像已經出現。根據Trader Carl Moon的說法，比特幣的市場份額已經下降，他說這可以標誌著Altcoin突破的開始。他的觀點加劇了人們日益增長的信念，即關注現在可能會轉移到其他代幣。

However, not everyone shares the same sense of urgency. Ash Crypto took a more cautious stance, encouraging traders to be patient. He noted that in past market cycles, altcoin rallies have typically been brief, lasting just four to five months. In the last cycle, major altcoin gains took place between January and May 2021. In an earlier cycle, from 2013 to 2017, the bulk of the rally occurred between June and December. Based on those patterns, he believes another surge is likely—but timing it will require patience.

但是，並不是每個人都有相同的緊迫感。 Ash Crypto採取了更加謹慎的立場，鼓勵商人耐心等待。他指出，在過去的市場週期中，Altcoin集會通常是簡短的，僅持續四到五個月。在最後一個週期中，主要的Altcoin增益發生在1月至2021年5月之間。在2013年至2017年的較早週期中，大部分集會發生在6月至12月之間。基於這些模式，他認為可能會再次激增，但時機需要耐心。

Meanwhile, Mena Theodorou, co-founder of Coinstash, gave a more cautious view. He said Bitcoin is still in its price discovery phase. This stage tends to keep focus and capital centered on Bitcoin, making it less likely for altcoins to see a strong, market-wide rally in the short term. He added that while a few altcoins or sectors might still perform well, a broader move across the market is less likely just yet.

同時，Coinstash的聯合創始人Mena Theodorou給出了更加謹慎的看法。他說，比特幣仍處於價格發現階段。這個階段傾向於將注意力集中在比特幣上，因此在短期內看到山寨幣在市場範圍內看到強大的集會的可能性較小。他補充說，雖然一些Altcoins或部門可能仍然表現良好，但整個市場的廣泛舉動尚不那麼可能。

Traders looking for clear signals are keeping a close eye on Bitcoin’s market dominance. While some believe a drop would help altcoins, others suggest dominance might need to rise further before altcoin interest returns. This difference in view shows that even within the market, there’s no single answer.

尋找明確信號的交易者密切關注比特幣的市場優勢。雖然有些人認為下降會有助於山寨幣，但另一些人認為，在山寨幣利息回報率之前，統治力可能需要進一步上升。這種差異表明，即使在市場中，也沒有一個答案。

In the meantime, Ethereum’s recent gains have added to the positive sentiment. As Ethereum climbs in market value, some see it as a signal that the market is ready for another wave of movement outside Bitcoin. However, others still urge caution.

同時，以太坊最近的收益增加了積極的情緒。隨著以太坊的市場價值攀升，有些人認為這是一個信號，表明市場已準備好在比特幣外部進行另一波移動。但是，其他人仍然敦促謹慎。

While excitement is growing, the full rotation into altcoins hasn’t happened yet. Traders and analysts alike are waiting to see what comes next, knowing that past cycles have always followed a similar path—first Bitcoin, then the rest. Now, all eyes are on whether that next step is just around the corner.

儘管興奮正在增長，但尚未發生全部旋轉到Altcoins。交易員和分析師都在等待看看接下來會發生什麼，因為他們知道過去的周期始終遵循類似的道路 - 首先是比特幣，然後是其餘的。現在，所有的目光都關心下一步是否在拐角處。