The Bitfinex Alpha report shows that Bitcoin fell 10.7% in the first week of September, continuing the downward trend since the end of August, and the price fell below the key low of $56,711 on May 1. The sell-off has led to a reduction in leveraged positions, and the market may be near a partial bottom. Bitcoin's market capitalization share fell by 1.3% last week, while the market capitalization of other cryptoassets outside the top 10 currencies increased by 4.4%. This shift suggests that investors may be looking for value in small coins. However, small-currency unpositioned squaring contracts also fell by 55% from their all-time highs, indicating a weakening of speculative sentiment. Analysts believe that if Bitcoin's dominance does reach a partial peak, smaller currencies could outperform the broader market in the coming months, setting the stage for a bull run in the fourth quarter.