Matrixport: The overall possibility of altcoins rising is not high

ChainCatcher news, Matrixport weekly report points out that since the launch of the Ethereum spot ETF in the U.S., Ethereum's dominance has decreased by nearly 50%. The report states that various altcoin narratives have emerged and quickly disappeared over the past year, all showing a "rapid rise followed by a crash" pyramid price structure.

Analysis suggests that Bitcoin may maintain a range of $80,000 to $90,000 in the short term, while the probability of a large-scale rise in altcoins is low, unless three liquidity catalysts occur: the Federal Reserve signals a dovish stance, stablecoin growth, or an increase in macro liquidity. The report also notes that, unlike previous bear markets, the regulatory risk for Bitcoin has significantly decreased, which explains why its current adjustment period is performing better than in the past.