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#Gate广场五月交易分享 Brothers, wake up.
Looking at the market chart, isn't it getting restless again? ONDO surged 34% in a day, ICP rose 32%, even the "dead" STRK jumped 21%.
The altcoin seasonal index climbed from the floor to 48, and Bitcoin’s market dominance (BTC.D) dropped from 61.2% to 60.6%.
Are you thinking: "Bull run, quick in, full position, go all-in on altcoins?"
Stop right there.
If you think this is the kind of "chicken and dog ascension" altcoin season from 2021, then this rebound not only has nothing to do with you, but you might also end up as the last bag-holder.
This is not a "general rise of altcoins," but a "structural siphoning in the existing market casino."
First, Bitcoin hasn't relinquished its throne.
BTC.D dropping from 61.2% to 60.6%? Is that a pullback? No, that’s just a "slight turn."
Over 60% market share means Bitcoin still holds the market by the throat.
As soon as it turns its head slightly, 90% of altcoins will die instantly.
Second, and most painfully: money has changed.
I checked on-chain data. Last July, funds rotated into Solana, a mainstream public chain where everyone could get a share.
But where did the money go this time?
ONDO (RWA), ICP (decentralized AI), STRK (ZK/Modular).
Think carefully. What are these?
High valuation, low circulation, strong narratives.
In plain language: all chips are in the hands of the big players, stories are spun wildly, retail investors have no real assets.
This isn’t a retail frenzy; it’s a precise "targeted sniper attack" by the big players.
Funds are no longer buying "altcoins," they’re investing in "specific tracks of decentralized infrastructure."
Are you still holding onto your old DeFi and Layer 2 returns?
Sorry, no one is taking over your position. The money has already moved into RWA, AI + Chain Fusion, modular concepts.
Can’t understand modular? Can’t grasp RWA? Don’t even know what ICP is doing?
Then this violent rebound is just for you to see.
You watch it rise, chase in, and it falls. Because you are emotional fuel; they are precise harvesters.
The conclusion is harsh:
The altcoin index at 48 is still far from the confirmation line at 75.
This isn’t "altcoin season," it’s "Bitcoin sideways trading, speculators quick in and out on new narratives."
Only three types of people can make money this round:
1. The resilient gamblers, early investors in new tracks like "Venture Capital" players.
2. The super-fast traders, who jump when volume rises and run when it doesn’t, "machine gun traders."
3. Those who understand the narratives and trade on the right side, like yesterday’s ONDO and ICP—profit and then exit, no lingering.
And you?
If you’re still staring at K-lines, staring blankly at those skyrocketing "new names," hesitating whether to cut your half-year trapped altcoin and chase…
I advise you not to move.
Because at this stage, missing out won’t lose money, but chasing blindly will definitely lose.
When BTC.D truly drops below 57%, and the index jumps above 60%, then you can talk about "general rise."
Right now, this is just the big players giving benefits to the big investors, not to you.
Funds have evolved, and so have the scythes. $BTC #GateSquareMayTradingShare