比特币在危险中表现出对以太坊的力量，替补赛季

比特币的统治地位日益增长和与以太坊的脱钩引发了人们对山寨币季节可行性的关注。

As Bitcoin continues to rally, albeit within a narrow range, and caps off another week with an interesting price trend, a recent analysis has sparked concerns over the fate of the altcoin season.

随着比特币继续进行集会，尽管范围较窄，而且价格趋势有趣的一周，最近的分析引发了人们对Altcoin季节的命运的担忧。

The apex cryptocurrency has shown resilience in the face of broader sideways movement in the crypto market. Despite displaying strength, BTC has struggled to hold the psychological $100,000 price mark amid hawkish macroeconomic developments.

面对加密货币市场的更广泛的侧向运动，Apex加密货币显示出弹性。尽管表现出强度，但BTC仍在努力在鹰派宏观经济发展中持有100,000美元的心理价格。

However, an interesting trend has emerged with each instance of Bitcoin’s recovery to the $100,000 level, which has now been highlighted by on-chain analytical firm Lookonchain in a recent post, sparking議論 within the crypto community.

但是，随着比特币的收回到100,000美元水平的每个实例，它都出现了一个有趣的趋势，现在，链分析公司Lookonchain在最近的一篇文章中强调了这一趋势，在加密货币社区中引发了议论。

Bitcoin Outperforming Against Ethereum

比特币表现优于以太坊

According to yesterday’s post, there appears to be a strong decoupling between Bitcoin and the altcoin leader, Ethereum. Each time BTC reclaimed the $100,000 price point, Lookonchain noted that ETH trended lower than the previous occurrence.

根据昨天的帖子，比特币与山寨币领导人以太坊之间似乎存在很强的脱钩。每次BTC收回100,000美元的价格点时，Lookonchain都会指出，ETH的趋势低于以前的发生。

To put this in perspective, when Bitcoin first reached $100,000 on December 5, Ethereum was trading at $3,900. After a retest, the premier asset once again crossed the notable price mark on December 11, but ETH was now trading a bit lower at $3,800.

考虑到这一点，当比特币在12月5日首次达到100,000美元时，以太坊的交易价格为3,900美元。经过重新测试后，总理资产在12月11日再次超过了显着的价格标记，但ETH现在的交易价格较低，为3,800美元。

Meanwhile, as Bitcoin continued to reclaim $100,000, ETH sustained that steady price decline, trading at $3,700, $3,400, $3,200, and $2,800 in the last four scenarios. This signaled a strong decoupling between the two crypto giants.

同时，随着比特币继续收回100,000美元，ETH在过去四种情况下，稳定的价格下跌，交易价格为3,700美元，3,400美元，3,200美元和2,800美元。这标志着两个加密巨头之间的强烈脱钩。

Furthermore, this growing outmuscling is evident on the ETHBTC chart, with Ethereum now trading at 0.0281 BTC, marking a four-year low against Bitcoin as its price weakness intensifies.

此外，在ETHBTC图表上，这种日益增长的爆发是显而易见的，现在以太坊的交易价格为0.0281 BTC，标志着比特币的四年低点，因为其价格疲软加剧了。

Interestingly, this trend is also observed among other major altcoins, including Dogecoin, BNB, and Cardano.

有趣的是，在其他主要山寨币（包括Dogecoin，BNB和Cardano）中还观察到了这一趋势。

What Could Be Driving This?

什么可能会驾驶这个？

This growing outperformance by Bitcoin could be attributed to its increasing market dominance. According to data from TradingView, Bitcoin's share of the crypto market has seen a substantial surge recently, especially over the past few days.

比特币越来越多的表现可能归因于其市场的占主导地位。根据TradingView的数据，比特币在加密货币市场中的份额最近发生了巨大的激增，尤其是在过去的几天中。

To provide some perspective, on Monday, Bitcoin’s dominance soared to a four-year high of 64.34%, showcasing its increasing market presence over the past two months. Although it has retraced slightly to 60.19% today, this rising stat could explain why Bitcoin has outperformed altcoins.

为了提供一些观点，周一，比特币的统治地位飙升至64.34％的四年高点，在过去两个月中展示了其不断增长的市场业务。尽管今天已经略有回顾至60.19％，但这个上升的统计数据可以解释为什么比特币表现优于Altcoins。

Moreover, this increasing lead for Bitcoin also follows a growing influx of capital into the pioneer asset. A significant source of this flow is from the US spot exchange-traded funds (ETFs), which have recorded a cumulative positive flow of $1.1 billion in the past five days.

此外，比特币不断增加的潜在客户还遵循了越来越多的资本流入先驱资产。该流量的重要来源来自美国现货交易所贸易资金（ETF），在过去五天中，累计正流量为11亿美元。

Altcoin Season: A Glimmer of Hope or Doomed to Fail?

Altcoin季节：希望还是注定要失败？

Meanwhile, Bitcoin's decoupling against altcoins has also sparked speculations regarding the possibility of an "altseason." This topic was addressed by Sam Wouters, an executive at River Financial, in a recent analysis.

同时，比特币与AltCoins的脱钩也引发了人们对“季后赛”的可能性的猜测。在最近的一项分析中，这一主题是由River Financial的高管Sam Sam Wouters谈到的。

Emphasizing his earlier stance on the matter, he went on to state that there will be no altcoin season—a market phase characterized by altcoins massively outperforming Bitcoin—during this bull cycle in his recent commentary.

他强调了他对此事的较早立场，他继续指出，在他最近的评论中，这一牛市周期不超过比特币的较高替代季节，这是山寨币的特征。

The marketing head based this analysis on Bitcoin's market cap decoupling from other cryptocurrencies.

营销主管基于比特币的市值与其他加密货币的分解。

Another prominent analyst, Murad, shared a similar perspective in a recent analysis. According to him, the industry has shifted permanently, with Bitcoin now being the main attraction.

另一位著名的分析师穆拉德（Murad）在最近的分析中分享了类似的观点。据他介绍，该行业已经永久转移，现在比特币是主要吸引力。

Furthermore, the analyst also noted that the increasing number of new altcoins being deployed into the crypto market also contributes to this new reality.

此外，分析师还指出，部署到加密货币市场的越来越多的新Altcoins也为这一新现实做出了贡献。

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Disclamier：此内容是信息的，不应被视为财务建议。本文中表达的观点可能包括作者的个人意见，并且不反映加密基本意见。鼓励读者在做出任何投资决策之前进行彻底的研究。加密基础对任何财务损失概不负责。