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Wu said that, according to XWIN Research Japan analysis, the current increase in Bitcoin's market share does not necessarily mean that BTC itself is particularly strong, but rather reflects the overall weakness of altcoins and the concentration of funds. It states that about 75% to 80% of the top 50 altcoins have fallen, with their total market value retreating approximately 20% from the peak, centralized exchange trading volumes decreasing by about 40%, and the continued inflow of funds into spot BTC ETFs further reinforcing BTC's dominant position.