[Analysis: Bitcoin's market dominance struggles to recover, possibly signaling a trend shift] Matrixport posted on Platform X, stating that Bitcoin's market dominance has yet to show a significant rebound, with its movement largely aligning with the overall consolidation of the crypto market. Historically, when the market faces pressure and defensive sentiment rises, Bitcoin's market dominance tends to increase, reflecting a preference for funds to flow back into more liquid assets like BTC during times of heightened defensive sentiment. After the Ethereum narrative-driven phase, Bitcoin's market dominance fell from a high of 65% to 56.8%. Since then, it has only slightly recovered to around 58.0%, with recent upward momentum weakening. This indicates that even though market uncertainty persists, there are no clear or sustained signs of funds "flowing back to Bitcoin." The shift may suggest that some investors are reassessing Bitcoin's relative dominance, especially as other sub-sectors demonstrate relative resilience or even outperform during certain phases.