Matrixport: A continuous decline in Bitcoin's market share is the true indication that alt season has arrived.

BlockBeats News, on June 3, Matrixport released a daily chart analysis, saying, “I often hear people say that the altcoin market is coming - the crypto market is about to enter the so-called “banana zone”. But for this to happen, there must be a sustained decline in Bitcoin’s dominance, indicating that altcoins are gradually gaining market share. However, retail trading activity remains subdued at the moment, and speculative futures trading is also near record lows. This suggests that the current market demand is almost entirely focused on Bitcoin, and is mainly concentrated in the spot market, rather than leveraged derivatives. While Bitcoin’s rally may be slower, it is still the safest trading option in the current market environment – even if the price consolidates over the summer, as we saw last year, and is expected to do so this year.”