coin-img-ELSAELSA+148.58%coin-img-XAUTXAUT+1.65%coin-img-ASTERASTER-3.88%coin-img-HYPEHYPE-7.90%coin-img-UNIUNI-3.50%coin-img-ETHETH-4.43%coin-img-BTCBTC-2.12%coin-img-SOLSOL-3.68%coin-img-ELSAELSA+148.58%coin-img-XAUTXAUT+1.65%coin-img-ASTERASTER-3.88%coin-img-HYPEHYPE-7.90%coin-img-UNIUNI-3.50%coin-img-ETHETH-4.43%coin-img-BTCBTC-2.12%coin-img-SOLSOL-3.68%coin-img-ELSAELSA+148.58%coin-img-XAUTXAUT+1.65%coin-img-ASTERASTER-3.88%coin-img-HYPEHYPE-7.90%coin-img-UNIUNI-3.50%coin-img-ETHETH-4.43%coin-img-BTCBTC-2.12%coin-img-SOLSOL-3.68%coin-img-ELSAELSA+148.58%coin-img-XAUTXAUT+1.65%coin-img-ASTERASTER-3.88%coin-img-HYPEHYPE-7.90%coin-img-UNIUNI-3.50%coin-img-ETHETH-4.43%coin-img-BTCBTC-2.12%coin-img-SOLSOL-3.68%
user-avatar
Anas Hassan

Wintermute Says 4-Year Crypto Cycle Has Broken as ETFs, DATs and Retail Rotation Shape 2026 Outlook

Wintermute's year-end 2025 analysis argues that crypto's historical four-year bull cycle has broken down, with ETF and digital asset treasury flows concentrating liquidity in Bitcoin and Ethereum instead of rotating into altcoins. The firm's trading and derivatives data shows shorter altcoin rallies, deepening institutional engagement, and a major October 10 deleveraging, while it highlights three potential catalysts that could broaden market participation in 2026.
Selected
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
StocksEthereum