Wintermute: Retail Rotation into Top Coins, Stronger Buyer Pressure than Seller

BlockBeats News, December 23rd, Wintermute released today's market report stating that as the holiday approaches, the market structure continues to narrow, and Bitcoin's market dominance has once again risen. From Wintermute's observed internal fund flow data, the following findings can be drawn:

Mainstream coins once again show buying pressure stronger than selling pressure;

Bitcoin's buyer dominance has a longer and more stable duration, and ETH has also shown signs of increased buying at the end of the year;

Since the summer, institutional fund flows have been a consistent source of buying;

Retail investors are starting to rotate back from altcoins to mainstream coins;

Retail investor rotation aligns with market consensus: BTC needs to lead the rally first, followed by waiting for altcoin rotation.