The long-awaited "altcoin season" will probably have to wait a little longer. Analysts indicate that capital is flowing back to Bitcoin as corporate reserves and large holders tighten their control over the market, withdrawing nearly $800 billion from smaller digital assets. According to a new analysis by 10x Research, liquidity and investor momentum are decisively shifting towards Bitcoin, leaving altcoin markets unusually passive. The company notes that even Korean retail traders – once among the most active speculators in altcoins – are now showing stronger interest in crypto stocks traded in the US. 10x data shows that altcoins have lagged behind Bitcoin by about $800 billion during this market cycle – a difference that drives many retail investors to seek faster profits elsewhere. The company's internal "technical model of altcoins" also indicates that the rotation of capital towards Bitcoin began weeks before the sharp market decline on October 11, when nearly $19 billion was wiped out. Analysts indicate that this model signals a broader loss of confidence in the altcoin sector and a renewed faith in the stability of Bitcoin. The "altcoin season" index on CoinMarketCap is currently only 23 – far below the threshold of 75 that would indicate a real retreat from Bitcoin's dominance. So far, the data shows that despite the discussions about the upcoming rise of altcoins, the spotlight remains entirely focused on Bitcoin.
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The long-awaited "altcoin season" will probably have to wait a little longer.
Analysts indicate that capital is flowing back to Bitcoin as corporate reserves and large holders tighten their control over the market, withdrawing nearly $800 billion from smaller digital assets.
According to a new analysis by 10x Research, liquidity and investor momentum are decisively shifting towards Bitcoin, leaving altcoin markets unusually passive. The company notes that even Korean retail traders – once among the most active speculators in altcoins – are now showing stronger interest in crypto stocks traded in the US.
10x data shows that altcoins have lagged behind Bitcoin by about $800 billion during this market cycle – a difference that drives many retail investors to seek faster profits elsewhere.
The company's internal "technical model of altcoins" also indicates that the rotation of capital towards Bitcoin began weeks before the sharp market decline on October 11, when nearly $19 billion was wiped out.
Analysts indicate that this model signals a broader loss of confidence in the altcoin sector and a renewed faith in the stability of Bitcoin. The "altcoin season" index on CoinMarketCap is currently only 23 – far below the threshold of 75 that would indicate a real retreat from Bitcoin's dominance.
So far, the data shows that despite the discussions about the upcoming rise of altcoins, the spotlight remains entirely focused on Bitcoin.