Stunning news! Major players have fled overnight, is your coin still in hand?

7:52 PM Institutional report reveals the secret of fund rotation

Just now, top market maker Wintermute released the latest market insights. This report hides the true secret of the current market fund flow.

The core conclusion is very simple, but very important. The market structure is narrowing, but the power dynamics are changing. Buying power is now surpassing selling power in mainstream coins.

First, funds are flowing back to the core. The report clearly states that retail funds are rotating back from altcoins to mainstream coins, especially Bitcoin and Ethereum. This is a typical characteristic of a healthy bull market, indicating that the market consensus is that Bitcoin must lead the way, stabilizing the stage before altcoins have the opportunity to perform.

Second, the quality of buying is very high. Bitcoin's buying advantage is more sustained and stable, and Ethereum is also showing stronger buying signals as the year ends. More importantly, since the summer, institutional funds have been a continuous source of buying. This means that the backbone of the market has not withdrawn; rather, it continues to provide support.

Third, an explanation of the current market situation. This perfectly explains why Bitcoin can remain above $87,000, while many altcoins are underperforming. Because smart money and subsequent following retail investors are currently more willing to place their bets on the more certain Bitcoin and Ethereum, the market has entered a phase of focusing on the core and temporarily abandoning the margins.

In the short term, we should continue to focus on Bitcoin and Ethereum, ignoring the noise from altcoins. The market's rhythm is led by BTC making the breakthrough, followed by ETH, and finally the altcoins' catch-up frenzy. We are currently in the latter part of the first phase.

Be patient and hold onto the mainstream positions, waiting for Bitcoin to clearly break through key resistance and open up space. At that time, funds will naturally seek out the undervalued areas in the valleys. Understanding the order of fund rotation is more important than chasing every fluctuation of the market. #加密市场观察 #比特币流动性