Odaily Planet Daily reports that 10x Research pointed out in its market analysis that while some initial enthusiasm is expected at the beginning of the new year, it is not yet the time to experience a bullish sentiment similar to that seen from late January to March 2024 or from late September to mid-December. A good start is anticipated this year, followed by a slight pullback before the CPI data is released on January 15. Favorable inflation data could reignite optimism and drive a rebound before Trump's inauguration on January 20. However, this momentum may weaken, and the market could see a decline before the FOMC meeting on January 29. From January to mid-November 2024, Bitcoin's dominance rose from 50% to 60%, posing significant resistance to altcoin performance. Although the dominance metric briefly fell to 53% within three weeks (sparking hopes for an altcoin season), it quickly rebounded to nearly 58% and then stabilized around 55%. This consolidation highlights Bitcoin's enduring dominance as the primary driving force in the crypto market while also signaling that altcoins may face challenges unless Bitcoin's dominance metric declines again.

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