Recently, the crypto assets market has shown new trends. According to the latest market data, Bitcoin's share in the overall market capitalization of crypto assets (commonly referred to as Bitcoin dominance) has been on a downward trend for 8 consecutive days. As of now, this indicator has fallen to 61.15%, lower than the highest point of 61.53% so far in 2024.

This phenomenon is often regarded by market participants as a signal for the arrival of the 'altcoin season'. The so-called 'altcoin season' refers to a period when other crypto assets, commonly known as altcoins, begin to show active performance. In fact, over the past few days, several alternative coin projects have already shown a significant upward trend.

The decrease in Bitcoin's market share does not necessarily mean a decline in its value; it more reflects the expansion and diversification of the entire Crypto Assets ecosystem. This change may indicate that investors are seeking more diversified portfolios or have developed a greater interest in certain specific blockchain projects.

However, market participants still need to be cautious. The Crypto Assets market has always been highly volatile, and the current trend may change rapidly. Whether holding Bitcoin or other Crypto Assets, investors should remain vigilant, closely monitor market movements, and make informed investment decisions based on their own risk tolerance.