#比特币投资主题 Recently, retail investors have started rotating from altcoins back into mainstream cryptocurrencies. This phenomenon warrants our serious consideration.

Wintermute's data shows an interesting signal: the buying power of BTC and ETH remains stronger than the selling power, and institutional capital flows continue to maintain a stable buying trend. This rotation by retail investors may seem like following the trend, but in reality, it is a validation of a market law — mainstream coins tend to lead the rally first, and staying calm during this time is crucial.

However, I want to remind everyone that regardless of how market structures change, our position management principles should not be swayed by trends. When you see others shifting from altcoins to mainstream coins, there's no need to rush into a full adjustment. The truly prudent approach is to first assess whether your asset allocation is reasonable, and then decide whether to rebalance based on your long-term goals. With the holiday approaching and market liquidity tightening, this is actually a good time for us to slow down and take a deep breath.

In the long run, following the direction of institutional capital usually isn't a bad strategy, but the premise is that we must have our own judgment and not be swept away by short-term emotions. Holding steadily and responding rationally — this is the way to walk further in the market.