Two important signals suggest that the altcoin boom may be over. First of all, the volume of the three rebounds led by BCH, COMP, and XRP failed to exceed US$160 billion, which indicates that US$160 billion is likely to be the limit for adding positions. Secondly, Coinglass market data shows that Bitcoin’s market capitalization ratio has dropped from 50.39% on June 29 to 46.53% on July 14, while the transaction ratio of altcoins has also increased from 47% to 51.2%, which is the same as in recent times. The one-year high of 53.1% is just one step away. These data show that in the existing market, although the weakening Bitcoin exchange rate has made some liquidity space for the rebound of altcoins, the transaction congestion in the altcoin field is gradually approaching the limit. #荣耀时刻 $BTC