比特币（BTC）将占据主导地位，从长远来看实际上可能对山寨币有利

熊市过后，比特币往往会首先吸引大部分投资。这是因为比特币通常被视为加密货币领域的“安全”资产。

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.

随着比特币（BTC）在 2024 年继续引领加密货币市场，其主导地位达到 60% 以上（这是三年来的最高水平），许多关注山寨币的投资者可能会感到受挫。

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:

虽然这可能会让那些等待山寨币下一次大幅上涨的人感到沮丧，但重要的是要了解这一阶段可能是市场周期的自然组成部分，更重要的是，从长远来看，它实际上可能对山寨币有利。原因如下：

Why Bitcoin's Dominance Is Expected

为什么比特币有望占据主导地位

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.

要了解比特币当前的主导地位，重要的是要认识到它是加密货币市场周期的自然且典型的一部分。熊市过后，比特币往往会首先吸引大部分投资。这是因为比特币通常被视为加密货币领域的“安全”资产。其良好的声誉、庞大的市值和高流动性使其成为投资者重新进入市场的首选。

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.

从历史上看，经过一段时间的市场下跌后，比特币是第一个企稳的加密货币。一旦比特币吸引资金，就表明市场正在复苏，投资者信心正在恢复。这通常为更广泛的加密货币市场的效仿奠定了基础。随着越来越多的资本流入市场，山寨币也往往会引起关注。

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，虽然山寨币目前的表现可能不佳，但比特币的主导地位应该被视为整个市场的积极信号。如果历史重演，随着更多资金流入加密货币领域，山寨币最终将受益。

The Ripple Effect: How Bitcoin's Strength Helps Altcoins

涟漪效应：比特币的力量如何帮助山寨币

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.

比特币的主导地位并不意味着山寨币将永远落后。事实上，从长远来看，比特币的强劲表现最终可能会帮助较小的加密货币。

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.

由于山寨币的市值通常较小，因此它们对流动性的变化更加敏感。当市场上有更多资金时，即使注意力的微小转移也可能导致山寨币价格上涨。这被称为“涓滴效应”——随着比特币变得更加昂贵，投资者寻找新的机会，他们往往会转向被低估的山寨币。

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.

我们在之前的市场周期中已经看到过这种情况发生。在 2017 年牛市期间，比特币的主导地位在上半年达到顶峰，但到了年中，山寨币开始获得动力。这种转变是随着投资者在山寨币领域寻找新项目和创新技术而发生的。

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.

山寨币比比特币更不稳定，而且由于它们通常较小，因此当资本开始流入它们时，它们的价格可能会大幅上涨。因此，虽然比特币可能是目前的主要焦点，但它的成功实际上为山寨币在时机成熟时的崛起奠定了基础。

Patience: A Virtue for Altcoin Investors

耐心：山寨币投资者的美德

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.

如果您投资山寨币，耐心是关键。虽然比特币的主导地位可能令人沮丧，但重要的是要记住这些阶段是暂时的。比特币目前的主导地位可能是市场正在稳定的迹象，一旦比特币达到顶峰，资本将不可避免地开始流入山寨币。

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，随着更多流动性进入市场，一直以较低价格交易的山寨币可能处于有利位置，可以看到增长。下一波加密市场扩张很可能有利于山寨币，尤其是那些拥有强大项目、用例和技术创新的山寨币。

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

当山寨币最终经历反弹时，有耐心和战略眼光的投资者可能会受益匪浅。

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

大局观：比特币的优势有利于加密货币

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.

尽管比特币的主导地位对于山寨币爱好者来说似乎势不可挡，但重要的是要在更广泛的加密市场背景下看待这一时期。比特币的走强是一个积极的信号，表明市场信心正在回归。随着投资者开始寻找新的机会并实现投资组合多元化，山寨币可能会受到更多关注。

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，比特币正在发挥引领市场走出低迷的作用。一旦比特币的主导地位开始减弱，山寨币可能会获得推动下一阶段增长所需的资本流入。这种循环以前曾发生过，并且有充分的理由相信它会再次发生。

Conclusion: Bitcoin's Dominance Is Just a Phase

结论：比特币的主导地位只是一个阶段

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.

比特币不断上升的主导地位可能会让山寨币投资者感到沮丧，但重要的是要记住，这个阶段是暂时的。比特币的强劲表现标志着市场正在复苏，当复苏达到顶峰时，山寨币也可能会出现显着增长。

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，那些投资山寨币的人应该关注大局并保持耐心。山寨币目前可能还没有领先，但一旦比特币的主导地位减弱，山寨币将有机会大放异彩。