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

Wintermute released today's market report stating 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 buying power of mainstream coins has once again surpassed that of sellers;
• The buyer advantage for BTC has lasted longer and is more stable, while ETH also shows greater signs of increased buying towards the end of the year;
• Since the summer, institutional fund flows have been a continuous source of buying;
• Retail investors are starting to rotate back from altcoins to mainstream coins;
• The retail rotation aligns with market consensus: BTC needs to lead the rally first, followed by waiting for the rotation of altcoins.