PANews reported on April 12 that according to Newsbtc, El Crypto, a cryptocurrency analyst, disclosed data showing that the current Bitcoin market dominance has exceeded 60% and hit the resistance zone. According to the historical trend over the past year and a half, the trend has entered the callback zone, and the relative strength index (RSI) is also in the overbought area, which means that the market may be favorable for altcoins or will rebound. In addition, cryptocurrency analyst Kevin Capital also seems to be optimistic about the subsequent market of altcoins, but he reminded that the situation of ETH may be different because ETH has performed poorly throughout the cycle.