Last night Bitcoin fell, altcoins didn't follow, looking back at this round of market trends, we can actually find that altcoins overall haven't rallied much. More often, altcoins have had two leaders that led a small rally before ending. ETH has never broken new highs, while Bitcoin continues to dominate and goes its own way.

The main reason for this market trend, in my opinion, is that BTC and the current crypto market are still divided into two types. Since the ETF approval, the liquidity and funds brought by BTC cannot spill over to other tokens. The seemingly prosperous market, apart from Bitcoin, still shows a poor appearance behind the altcoins. This has led to why Bitcoin can consolidate at high levels while altcoins are flooding out, with Bitcoin consistently reaching new highs while altcoins continue to decline.

It can be said that this round belongs to Bitcoin's dominance, or we can say that the so-called bull market we expect has not yet arrived. Currently, many altcoins are actually waiting for ETH's movements; perhaps when ETH starts to break through, the bull market we hope for will truly arrive.