According to online reports, Matrixport posted on the X platform that in the past year, encrypted Twitter has called for a rebound in altcoins almost every month, but it has failed. But the altcoin rally is not driven by chart patterns or some assumed lagging behind Bitcoin. Instead, they rely on the decline in Bitcoin's dominance and the rise in the market value of total cryptocurrencies. As Bitcoin's dominance climbs, Ethereum performs poorly, and few other cryptocurrencies have become credible competitors during this cycle. Without strong alternative narratives or leadership, other cryptocurrencies may continue to lag behind. Our other cryptocurrency performance models currently support this view and continue to be bullish on Bitcoin.