Matrixport: The continuous decline in Bitcoin market share means that the counterfeit season has truly arrived

According to BlockBeats, on June 3rd, Matrixport released a daily chart analysis stating that "it is often heard that the market for altcoins is coming - the cryptocurrency market is about to enter the so-called 'banana zone'. But for this situation to truly occur, Bitcoin's dominant position must continue to decline, indicating that altcoins are gradually seizing market share. However, retail trading activity is still sluggish, and speculative futures trading is approaching historical lows. This indicates that the current market demand is almost entirely focused on Bitcoin, and mainly concentrated in the spot market rather than leveraged derivatives. Although the rise of Bitcoin may be slower, it is still the safest trading choice in the current market environment - even if the price experiences consolidation in the summer, as we saw last year, and is expected to do so this year