Bitcoin's dominant position and trend analysis of altcoins At present, the price of Bitcoin remains above $100000, but the trend is declining, suggesting that the market may shift towards altcoins. Long term holders reduce their holdings of BTC, indicating a decrease in medium to long-term holdings or weakening the dominant position of Bitcoin. The logic of the rise of altcoins Historical cycle pattern: altcoins usually perform better in the latter half of the market cycle, in 2016 and 2020