PANews reported on May 13th that, according to The Block, Bitcoin's market share has rebounded from a low of 55% to approximately 58.5%. This indicator has historically been a bellwether for fund rotation within the crypto market: a rise in market share typically accompanies a consolidation phase where Bitcoin outperforms altcoins, while a decline often foreshadows an altcoin season. Bitcoin's market share peaked between 62% and 63% in mid-2025, subsequently declining to approximately 54%. The current rebound to 58% suggests the market may be consolidating rather than fully shifting towards altcoins.

Bitcoin's price has rebounded from its February low of around $63,000 to approximately $80,000. TON, ZEC, and DOGE have performed relatively strongly over the past month, a pattern that foreshadowed altcoin expansion when Bitcoin's market share began to decline. The key question is whether Bitcoin's market share will consolidate at current levels or continue to fall.