比特幣（BTC）將佔據主導地位，從長遠來看實際上可能對山寨幣有利

熊市過後，比特幣往往會先吸引大部分投資。這是因為比特幣通常被視為加密貨幣領域的「安全」資產。

As Bitcoin (BTC) continues to lead the crypto market in 2024, with its dominance hitting over 60% — the highest level in three years — many investors focused on altcoins may be feeling a sense of setback.

隨著比特幣（BTC）在 2024 年繼續引領加密貨幣市場，其主導地位達到 60% 以上（這是三年來的最高水平），許多關注山寨幣的投資者可能會感到受挫。

While this could be frustrating for those waiting for the next big altcoin rally, it's crucial to understand that this phase might be a natural part of the market cycle and, more importantly, it could actually be beneficial for altcoins in the long run. Here's why:

雖然這可能會讓那些等待山寨幣下一次大幅上漲的人感到沮喪，但重要的是要了解這一階段可能是市場週期的自然組成部分，更重要的是，從長遠來看，它實際上可能對山寨幣有利。原因如下：

Why Bitcoin's Dominance Is Expected

為什麼比特幣有望佔據主導地位

To understand Bitcoin's current dominance, it's important to recognize that it's a natural and typical part of the crypto market's cycles. After a bear market, Bitcoin tends to attract the majority of investment first. This is because Bitcoin is often viewed as the “safe” asset in the crypto space. Its established reputation, large market cap, and high liquidity make it the first choice for investors re-entering the market.

要了解比特幣當前的主導地位，重要的是要認識到它是加密貨幣市場週期的自然且典型的一部分。熊市過後，比特幣往往會先吸引大部分投資。這是因為比特幣通常被視為加密貨幣領域的「安全」資產。其良好的聲譽、龐大的市值和高流動性使其成為投資者重新進入市場的首選。

Historically, after a period of market decline, Bitcoin is the first cryptocurrency to stabilize. Once Bitcoin draws in the capital, it signals that the market is recovering and that investor confidence is returning. This typically sets the stage for the broader crypto market to follow suit. As more capital flows into the market, altcoins tend to attract attention as well.

從歷史上看，經過一段時間的市場下跌後，比特幣是第一個穩定的加密貨幣。一旦比特幣吸引資金，就顯示市場正在復甦，投資者信心正在恢復。這通常為更廣泛的加密貨幣市場的效仿奠定了基礎。隨著越來越多的資本流入市場，山寨幣也往往會引起關注。

So, while altcoins may not be performing as well right now, Bitcoin's dominance should be seen as a positive signal for the overall market. If history repeats itself, altcoins will eventually benefit as more money flows into the crypto space.

因此，雖然山寨幣目前的表現可能不佳，但比特幣的主導地位應該被視為整個市場的正面訊號。如果歷史重演，隨著更多資金流入加密貨幣領域，山寨幣最終將受益。

The Ripple Effect: How Bitcoin's Strength Helps Altcoins

漣漪效應：比特幣的力量如何幫助山寨幣

Bitcoin's dominance doesn't mean altcoins are being left behind permanently. In fact, Bitcoin's strong performance could ultimately help smaller cryptocurrencies in the long term.

比特幣的主導地位並不意味著山寨幣將永遠落後。事實上，從長遠來看，比特幣的強勁表現最終可能會幫助較小的加密貨幣。

Since altcoins typically have smaller market caps, they are more sensitive to changes in liquidity. When there is more capital in the market, even a small shift in attention can cause altcoin prices to increase. This is known as the “trickle-down” effect — as Bitcoin becomes more expensive and investors look for new opportunities, they often turn to undervalued altcoins.

由於山寨幣的市值通常較小，因此它們對流動性的變化更加敏感。當市場上有更多資金時，即使注意力的微小轉移也可能導致山寨幣價格上漲。這被稱為「涓滴效應」——隨著比特幣變得更加昂貴，投資者尋找新的機會，他們往往會轉向被低估的山寨幣。

We've seen this happen before in previous market cycles. During the 2017 bull run, Bitcoin's dominance peaked in the first half of the year, but by mid-year, altcoins began to gain momentum. This shift occurred as investors sought out new projects and innovative technologies in the altcoin space.

我們在之前的市場週期中已經看到過這種情況發生。在 2017 年牛市期間，比特幣的主導地位在上半年達到頂峰，但到了年中，山寨幣開始獲得動力。這種轉變是隨著投資者在山寨幣領域尋找新項目和創新技術而發生的。

Altcoins are more volatile than Bitcoin, and because they are typically smaller, they can experience significant price increases when capital begins to flow into them. Therefore, while Bitcoin may be the main focus right now, its success actually sets the stage for altcoins to rise when the time is right.

山寨幣比比特幣更不穩定，而且由於它們通常較小，因此當資本開始流入它們時，它們的價格可能會大幅上漲。因此，雖然比特幣可能是目前的主要焦點，但它的成功實際上為山寨幣在時機成熟時的崛起奠定了基礎。

Patience: A Virtue for Altcoin Investors

耐心：山寨幣投資者的美德

If you're invested in altcoins, patience is key. While Bitcoin's dominance may feel discouraging, it's important to remember that these phases are temporary. Bitcoin's current dominance is likely a sign that the market is stabilizing, and once Bitcoin reaches its peak, the capital will inevitably start flowing into altcoins.

如果您投資山寨幣，耐心是關鍵。雖然比特幣的主導地位可能令人沮喪，但重要的是要記住這些階段是暫時的。比特幣目前的主導地位可能是市場穩定的跡象，一旦比特幣達到頂峰，資本將不可避免地開始流入山寨幣。

At this point, altcoins that have been trading at lower prices could be in a great position to see growth as more liquidity enters the market. The next wave of crypto market expansion could very well favor altcoins, especially those with strong projects, use cases, and technological innovations.

目前，隨著更多流動性進入市場，一直以較低價格交易的山寨幣可能處於有利位置，可以看到成長。下一波加密市場擴張很可能有利於山寨幣，尤其是那些擁有強大專案、用例和技術創新的山寨幣。

Investors who are patient and strategic could be well-positioned to benefit when altcoins eventually experience their rally.

當山寨幣最終經歷反彈時，有耐心和戰略眼光的投資者可能會受益匪淺。

The Bigger Picture: Bitcoin's Strength Is Good for Crypto

大局觀：比特幣的優勢有利於加密貨幣

Even though Bitcoin's dominance might seem overwhelming for altcoin enthusiasts, it's important to view this period in the context of the broader crypto market. Bitcoin's strength is a positive sign that confidence is returning to the market. As investors begin to seek new opportunities and diversify their portfolios, altcoins will likely see increased attention.

儘管比特幣的主導地位對於山寨幣愛好者來說似乎勢不可擋，但重要的是要在更廣泛的加密市場背景下看待這段時期。比特幣的走強是一個積極的信號，表明市場信心正在回歸。隨著投資者開始尋找新的機會並實現投資組合多元化，山寨幣可能會受到更多關注。

For now, Bitcoin is playing its role in leading the market out of a downturn. Once Bitcoin's dominance starts to weaken, altcoins will likely receive the capital influx they need to drive their next phase of growth. This cycle has happened before, and there's every reason to believe it will happen again.

目前，比特幣正在發揮引領市場走出低迷的作用。一旦比特幣的主導地位開始減弱，山寨幣可能會獲得推動下一階段成長所需的資本流入。這種循環以前曾發生過，並且有充分的理由相信它會再次發生。

Conclusion: Bitcoin's Dominance Is Just a Phase

結論：比特幣的主導地位只是一個階段

Bitcoin's rising dominance might feel frustrating for altcoin investors, but it's important to remember that this phase is temporary. Bitcoin's strong performance signals a recovering market, and when that recovery reaches its peak, altcoins will likely see significant growth as well.

比特幣不斷上升的主導地位可能會讓山寨幣投資者感到沮喪，但重要的是要記住，這個階段是暫時的。比特幣的強勁表現標誌著市場正在復甦，當復甦達到頂峰時，山寨幣也可能會顯著成長。

For now, those invested in altcoins should focus on the bigger picture and practice patience. Altcoins may not be leading the charge right now, but once Bitcoin's dominance wanes, altcoins will have their time to shine.

目前，那些投資山寨幣的人應該關注大局並保持耐心。山寨幣目前可能還沒有領先，但一旦比特幣的主導地位減弱，山寨幣將有機會大放異彩。