Despite Bitcoin’s rise, the weakness of altcoins shows that the market is becoming more selective and institutional interest is focused on Bitcoin. While expectations of an “altcoin season” continue, it seems likely that this season will be more selective, project-specific, and perhaps longer-term capital flows rather than an aggressive and general rise like in the past. It is important for investors to carefully evaluate the dynamics and potential of each altcoin project rather than the movements in the market as a whole.