Viewpoint: BTC's dominance is declining, but we have not fully entered alt season yet.

According to a report by Jinse Finance, Bitcoin's dominance in the crypto assets market (BTC Dominance) has recently fallen from 65% to 62%, sparking discussions about the upcoming "alt season." However, analysts point out that despite some alts performing strongly, the overall market has not yet entered a full bull run phase. Joao Wedson, CEO of Alphractal, predicts that a full altcoin season may not begin until June, but the current market is still in its early stages. Additionally, although Bitcoin's price remains stable at around $103,000, alts like Ether, XRP, and Solana have recently outperformed Bitcoin, indicating that investor interest is shifting towards these assets. Analysts also remind that historical data shows that alt seasons typically do not fully unfold until Bitcoin's dominance falls below 54%, a level that has not yet been reached.