Matrixport: Bitcoin's short-term outlook has weakened, and the pressure on altcoins may persist

Jinse Finance reported that Matrixport released its daily chart analysis, stating that driven by the decline in Bitcoin dominance, their tactical model once issued a rebound signal, providing a brief trading window for altcoin traders. However, as the total cryptocurrency market capitalization turned downward again, this signal quickly reversed. For altcoin investors, the past one or two years have been challenging, if not extremely difficult. During this period, their model has mostly favored allocating to Bitcoin rather than altcoins. Historically, it is rare for altcoins to consistently underperform during a Bitcoin bull market. Currently, as Bitcoin's short-term outlook has weakened, the pressure on altcoins may persist. In this market environment, traders should focus on leading high-quality coins and strictly adhere to risk control discipline. The market structure has shifted from the previous simple "long-only, regular investment" model to a new stage that requires precise timing, active position adjustment, and a strong emphasis on capital preservation.