Analysis: Altcoin rebound fails to continue, current bitcoin short-term momentum weakens

PANews, December 17 — Matrixport analysis points out that although the previous decline in bitcoin's market dominance once led to a temporary rebound in altcoins, the rebound failed to sustain as the total market capitalization of the crypto market weakened. Over the past year, altcoins have generally underperformed, with market preference still focused on bitcoin. Currently, bitcoin's short-term momentum has weakened, risk appetite recovery is limited, and the altcoin market may mainly experience structural divergence.

At this stage, trading should focus more on top assets with higher liquidity and deeper trading depth, while also strengthening risk control and position management. The market has gradually shifted from a "long-term holding + regular investment" approach to an environment that emphasizes timing entry and active trading.