Wintermute: Retail investors are rotating towards mainstream cryptocurrencies, with buying power outweighing selling power.

According to Mars Finance, on December 23, Wintermute released its market report stating that as the holidays approach, the market structure continues to narrow, and Bitcoin's market share has risen again. Wintermute's observation of internal fund flow data reveals the following: Buying power is once again stronger than selling power in major cryptocurrencies; BTC's buying advantage is longer-lasting and more stable, and ETH also shows greater signs of increased buying at the end of the year; Institutional funds have been a consistent source of buying since the summer; Retail investors are starting to rotate back from Altcoin to major cryptocurrencies; This retail rotation aligns with market consensus: BTC needs to lead the price increase first, followed by Altcoin rotation.