Institutions Abandon Altcoin Market Amid Ongoing Bear Trend

The altcoin market has seen a decline in institutional buying, according to prominent commentator TheFlowHorse. This sentiment is reflected in the current bearish trend, which may persist due to lack of interest from institutions.

The broader crypto market is experiencing mixed signals, with major assets showing varying levels of momentum. However, the absence of institutional buying in altcoins paints a concerning picture for traders who were anticipating a rebound.

TheFlowHorse's observations highlight the cautious approach many institutions are taking during this bear market, impacting overall market sentiment and investor confidence.