Like everyone following the market, I also noticed that after Bitcoin's record rise, the expected depth pullback did not materialize. Bitcoin is as solid as a rock, quickly recovering. This clearly indicates that the market is generally in a strong rise trend and has the potential for further movement. This resistance of Bitcoin undoubtedly brings great hope to alts and strengthens our expectation of an overall bull run. So, what data supports this strong rise trend expectation?

* Bitcoin's unexpected rapid recovery: When we look at historical data, we find that Bitcoin usually experiences a pullback after a significant rise. However, this time is different. Bitcoin did not experience the expected decline but instead quickly recovered, proving that the selling pressure in the market is weak and buyers are quite strong. This situation shows that investor confidence is high and short-term profit-taking is insufficient to disrupt the overall trend.
* Lower opportunity costs and increased capital flow: The stable price trend of Bitcoin and its ongoing rise potential create an attractive environment for risk-averse investors. The strong performance of Bitcoin paves the way for more capital to flow into the market. This new capital flow will spread to alts over time, creating a domino effect that boosts the entire market.
* The hidden potential of the alts season index: Although the "alts season index" currently does not show a comprehensive bull run, Bitcoin's strength acts as an important catalyst for alts. As we often see in past bull run cycles, alts experience parabolic growth after Bitcoin peaks. Bitcoin's current consolidation may be a preparatory phase for a significant rise in alts. New capital entering the market typically flows into the higher-risk alts.
* Increased institutional interest and ecosystem development: Institutional investors are more interested in the crypto market than ever before. In particular, the success of spot Bitcoin ETFs and institutional participants' focus on altcoin ecosystems (such as DeFi and GameFi) have brought liquidity and confidence to the market. This institutional interest has strengthened expectations for a generally more positive performance of alts.
Bitcoin's extremely strong position and the overall positive atmosphere in the market seem to be opening the door for a new round of altcoin bull run. During this period, it is very useful to follow those altcoin projects that are closely aligned with technological developments, have strong communities, and provide real-world solutions.