#Gate社区2025年中评选 # Is the alt season here? #Alts surged significantly last week, while Bitcoin (BTC) remained near record levels, shifting the market leadership towards tokens with higher beta coefficients. Bitcoin reached an all-time high of $123054, rising 65% from its April low, and then entered a sideways range between $116000 and $120000. As the flagship crypto asset enters a consolidation phase, its share of the total market capitalization of Crypto Assets has dropped by 6.9% after the dominant index fell for seven consecutive days, marking the largest decline since December 2023. This contraction in dominance without a simultaneous BTC dumping has historically signaled the start of an altcoin dominance phase.