According to crypto data analyst CyrilXBT's recent market analysis, Bitcoin's dominance indicator (BTC.D) has staged a notable recovery from key support levels, and this surge is precisely why the broader altcoin market remains under pressure. When BTC maintains elevated dominance levels, alternative cryptocurrencies naturally struggle to attract capital inflows—a dynamic that continues to play out in real-time.

Currently, whenever Bitcoin experiences a pullback, investor capital gravitates toward BTC itself rather than seeking opportunities in altcoins. This capital concentration reflects a fundamental market preference: as long as Bitcoin remains the safest trading vehicle, the altcoin season will remain dormant. The shift toward altcoin season would only materialize once Bitcoin loses its status as the market's most reliable asset, and market conditions suggest we're still far from reaching that inflection point.