**[Small Altcoin Market Cools Down, Funds Flow Back to Bitcoin]** Matrixport analysis indicates that the recent "small altcoin season" has experienced a temporary cooling, with market funds gradually flowing back to Bitcoin. Bitcoin dominance, which previously dipped to a phase low of approximately 56.8%, has now rebounded to 59.5%, showing a slow upward trend. The increase in Bitcoin dominance during this cycle may be related to higher institutional participation and a concentration of funds in assets with greater liquidity and clearer compliance. Looking back over the past decade, holding Bitcoin has demonstrated higher consistency and success rates during most periods. Based on this, Matrixport has adjusted its tactical model over the past month, favoring increased Bitcoin allocation. As long as Bitcoin dominance continues to rise, this allocation strategy will be maintained temporarily and dynamically adjusted according to market conditions and risk control signals.