**[Bitcoin Dominance Rises Above 58%, Market May Enter Consolidation Phase]** Odaily Planet Daily reports that data shows Bitcoin dominance has rebounded from a low of approximately 55% to around 58.5%, indicating that capital is once again concentrating on Bitcoin. Bitcoin dominance is often regarded as an important indicator for observing capital rotation within the crypto market. An increase in dominance typically suggests the market is entering a consolidation phase, with Bitcoin outperforming altcoins; whereas a decline in dominance is often accompanied by capital flowing into higher-risk assets, driving the so-called "altcoin season." For comparison, Bitcoin dominance reached a high of 62% to 63% in mid-2025, but subsequently declined amid rising altcoin activity, dropping to as low as approximately 54%. The current rebound above 58% suggests the market is more likely in a consolidation phase rather than fully transitioning to an altcoin-driven trend.