Wintermute: Bitcoin's market share rebounds, funds flow back to mainstream coins

Wintermute released a market report indicating that as the holidays approach, market structure continues to tighten, and Bitcoin's market share has risen again. From the internal fund flow data observed by Wintermute, the following findings can be drawn: the major cryptocurrencies are once again showing stronger buying power than selling power; the buyer advantage for BTC has been longer-lasting and more stable, while ETH is also showing greater signs of increased buying towards the end of the year; since the summer, institutional fund flows have been a consistent source of buying; retail investors are starting to rotate from altcoins back to major cryptocurrencies; this rotation among retail investors aligns with market consensus: BTC needs to lead the rally first, followed by a rotation into altcoins.