分析師表示，隨著比特幣主導地位的減弱，山寨幣季節已經到來

隨著比特幣的交易價格繼續低於 10 萬美元的里程碑，加密貨幣市場的焦點轉向山寨幣。

As Bitcoin continues to trade below the $100,000 milestone, attention in the cryptocurrency market is shifting towards altcoins.

隨著比特幣的交易價格繼續低於 10 萬美元的里程碑，加密貨幣市場的注意力正在轉向山寨幣。

Analysts at VanEck, a major investment management firm, suggest that the long-anticipated “altcoin season” has arrived, fueled by strong performance in the decentralized finance (DeFi), gaming, and non-fungible token (NFT) sectors, as reported by Cryptopolitan.

據報道，大型投資管理公司 VanEck 的分析師表示，在去中心化金融（DeFi）、遊戲和不可替代代幣（NFT）領域強勁表現的推動下，期待已久的「山寨幣季節」已經到來。密碼城。

Bitcoin, the world's leading cryptocurrency, has faced challenges in breaking past its all-time high of $108,135, currently hovering around $90,000. Some anticipate that policy changes in 2025 under a potential second Trump administration could reignite Bitcoin's bullish momentum. However, the current market conditions appear to favor altcoins.

比特幣是全球領先的加密貨幣，在突破 108,135 美元的歷史高點方面面臨挑戰，目前徘徊在 90,000 美元左右。有些人預計，川普第二屆政府可能在 2025 年出現政策變化，可能會重新點燃比特幣的看漲勢頭。然而，當前的市場狀況似乎有利於山寨幣。

VanEck’s head of digital research, Matthew Sigel, highlights that Bitcoin's dominance in terms of liquidity and market capitalization often enables altcoins to flourish when investors pursue higher-risk opportunities.

VanEck 的數位研究主管 Matthew Sigel 強調，當投資者追求高風險機會時，比特幣在流動性和市值方面的主導地位往往使山寨幣能夠蓬勃發展。

Artemis’s Altcoin Season Index, which tracks the performance of the top 50 altcoins relative to Bitcoin over a 90-day period, currently stands at 0.8, indicating strong altcoin activity. Additionally, CoinMarketCap’s index recently peaked at 87, further underscoring the strong momentum in the altcoin market.

Artemis 的山寨幣季節指數追蹤了 90 天內排名前 50 名的山寨幣相對於比特幣的表現，目前為 0.8，顯示山寨幣活動強勁。此外，CoinMarketCap 指數最近觸及 87 的峰值，進一步凸顯了山寨幣市場的強勁勢頭。

Technical analysts, such as Captain Faibik, have observed a breakout in Bitcoin's dominance, suggesting favorable conditions for altcoins to lead the market performance. The growing interest in DeFi, gaming applications, and NFTs has further catalyzed this shift, drawing capital and attention to emerging blockchain technologies.

Captain Faibik 等技術分析師觀察到比特幣的主導地位出現突破，顯示山寨幣有利於引領市場表現。人們對 DeFi、遊戲應用和 NFT 日益增長的興趣進一步催化了這一轉變，吸引了資本和對新興區塊鏈技術的關注。

As Bitcoin undergoes a sustained price correction, many investors are venturing beyond its performance to uncover opportunities in the altcoin market. With decentralized applications continuing to gain traction, the cryptocurrency landscape is set to experience significant diversification in the coming months.

隨著比特幣價格持續調整，許多投資者正在超越其表現，尋找山寨幣市場的機會。隨著去中心化應用程式不斷受到關注，加密貨幣領域將在未來幾個月內經歷顯著的多樣化。

The cryptocurrency market is experiencing a period of stability, thanks to growing institutional confidence. Experts attribute this shift to crypto ETFs, which have bolstered the legitimacy of digital assets in traditional finance.

由於機構信心不斷增強，加密貨幣市場正經歷一段穩定時期。專家將這種轉變歸因於加密貨幣 ETF，它增強了傳統金融中數位資產的合法性。