BlockBeats News, June 2nd, according to market data, ETH/BTC has risen by 3.73% in the past 24 hours, now trading at 0.02824; Bitcoin's market dominance BTC.D has fallen by 3.46% in the past month, now standing at 59.05%; while the market dominance of altcoins OTHERS.D has risen by 17.8% in the last month, now at 8.21%.

From the data, it can be seen that as the bearish trend in the crypto market deepens and more liquidity is drawn out due to the bullish effect in the U.S. stock market, major assets in the crypto space such as BTC, ETH, and SOL continue to be under pressure. Among them, Bitcoin has been the weakest performer in recent days, falling into the FUD of the "Death Cross Strategy." Meanwhile, previously neglected altcoins, due to their long period of oversold conditions and lack of selling pressure, have provided maneuvering space for the controlling parties, leading to some upward movement in their prices.