Retail investors exit altcoins and return to BTC and ETH
Wintermute analysts note that ahead of the holidays the market is contracting, with major capital concentrating in Bitcoin and Ethereum. This is significant as such shifts can affect the liquidity and volatility of the cryptocurrency market.
Source Incrypted
Experts believe that trading activity will decrease in the coming weeks due to the holiday season, but the main liquidity will likely remain in the largest and most liquid assets such as Bitcoin and Ethereum. This may support market stability.
Going forward, this concentration of investments in leading cryptocurrencies potentially indicates sustained confidence among retail investors and may influence future market dynamics.