TechFlow reports, on February 24, CryptoQuant CEO Ki Young Ju analyzed that the traditional Bitcoin-driven altcoin rotation pattern has ended due to regulation and institutional adoption. Using a "climate change" analogy, he stated, "The 'rainy season' has completely disappeared, leaving only occasional drizzles."
New capital will primarily enter the market through stablecoins or widely accepted large-cap tokens, rather than driving broad altcoin rallies. Ki Young Ju also shared a five-stage roadmap "towards altcoin season," consisting of stablecoins, Bitcoin, large-cap tokens, select crypto-native tokens, and institutionally supported tokens.
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