Altcoin季节已经开始，以太坊领导

山寨币最近表现出强度，由以太坊的ETH $ 1 845 24H波动率领导：2.6％的市值：$ 222.72 b vol。 24H：$ 14.22 b

Altcoins have been showing strength recently, led by Ethereum’s (ETH) mega pump to $2,700 this week, while Bitcoin (BTC) dominance has been declining at the same time.

山寨币最近一直表现出强度，以太坊（ETH）的巨型泵（ETH）Mega Pump在本周的2700美元中，而比特币（BTC）的优势同时也在下降。

This could be the beginning of a full-blown altcoin season, starting next month in June.

这可能是从六月下个月开始的成熟山寨币季节的开始。

Bitcoin Dominance Drops, Signaling Altcoin Season

比特币优势下降，信号山币季节

Over the past week, BTC dominance in the overall crypto market dropped from 65% to 62%, breaking a five-month upward trend.

在过去的一周中，BTC在整个加密货币市场中的优势从65％下降到62％，破坏了五个月的上升趋势。

According to a chart shared on X by crypto analyst Crypto Auris, BTC.D is testing a crucial support at 62%, and a break below which will kick off a true altcoin season.

根据加密分析师Auris在X上分享的图表，BTC.D正在测试62％的关键支持，而低于下方的突破将开始一个真正的Altcoin赛季。

In contrast, the total crypto market capitalization has risen from $2.90 trillion to $3.24 trillion during the same period.

相比之下，加密货币市值总数已从同一时期的2.90万亿美元增加到3.24万亿美元。

This divergence indicates growing investor interest in alternative cryptocurrencies over Bitcoin.

这种分歧表明投资者对比特币的替代加密货币的兴趣不断增加。

Altcoin Season in Motion

Altcoin季节运动

Joao Wedson, CEO and founder of crypto analytics platform Alphractal, has declared that the altcoin season is already in motion, with Bitcoin dominance anticipated to decline significantly in the coming months.

Crypto Analytics平台Alphractal的首席执行官兼创始人Joao Wedson宣布，Altcoin季节已经在运动，预计比特币在未来几个月内将大幅下降。

Wedson’s proprietary Altcoin Season Index, which tracks 57 carefully selected altcoins, reveals that 37 of these have outperformed Bitcoin over the past 60 days, signaling a notable shift in market momentum toward alternative cryptocurrencies.

韦德森（Wedson）的专有Altcoin季节指数跟踪了57个精心选择的Altcoins，该指数表明，其中37个在过去60天内表现出色的比特币表现优于比特币，这表明，市场动量向替代加密货币的转变显着转移。

The analyst added that even if BTC drops in the coming weeks, most altcoins have already bottomed out, and it’s unlikely they’ll fall below recent price levels. Part of Bitcoin’s $2 trillion market cap is likely to flow into altcoins.

分析师补充说，即使BTC在接下来的几周内下降，大多数Altcoins都已经触底了，而且它们不太可能降至最近的价格水平。比特币2万亿美元市值的一部分可能会流入山寨币。

On-Chain Metrics Show BTC-Driven Cycle Persists

链上指标显示BTC驱动的周期持续存在

While Bitcoin dominance started heading south from the peak of 65% in May, Ethereum, on the other hand, saw its dominance jump to 9.75%, up by 3%. The overall dominance of altcoins surged to 22.35%, marking a 2% increase.

尽管比特币的优势从5月的65％的峰值开始向南行驶，但另一方面，以太坊的优势跃升至9.75％，增长了3％。 AltCoins的总体优势飙升至22.35％，标志着2％。

Blockchain analytics platform Glassnode reported that despite these gains, Ethereum and altcoins remain below their historical peaks of 18% and 28.5%, respectively, indicating that the current market trend remains predominantly Bitcoin-driven.

区块链分析平台玻璃节报告称，尽管有这些收益，以太坊和山寨币的历史峰值分别低于18％和28.5％，这表明当前的市场趋势主要是比特币驱动的。

At the time of writing, the Bitcoin price is trading around $102,600 and consolidating, while altcoins are gaining stronger momentum. It will be interesting to see whether the momentum swings in favor of Bitcoin or altcoins moving forward.

在撰写本文时，比特币价格的交易价格约为102,600美元，并且巩固了，而Altcoins则获得了更强的动力。有趣的是，动量波动是否支持比特币或山寨币前进。