TechFlow reports that on December 20, CryptoQuant CEO Ki Young Ju pointed out that Bitcoin's market dominance had previously dropped by 6% (with XRP accounting for 3%), but it has now started to recover. Currently, only a few altcoins are attracting new liquidity, and the scale of capital rotation from Bitcoin to altcoins remains limited. Ki Young Ju believes this is not a traditional "altseason," but rather an independent rally driven by a select number of high-performing tokens.
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