<ul><li>Despite the milestone, search interest for BTC remains at levels typical of bear markets, according to Merlijn The Trader.</li><li>Altcoin season index indicates that wider crypto participation has not arrived yet.</li><li>Bitcoin's correlation with U.S. 10-Year Treasury Futures has plunged to an all-time low, suggesting institutional capital rotating into Bitcoin.</li><li>The rally in Bitcoin is seen in its early stages with the absence of retail euphoria, indicating smart money may be preceding retail investors.</li></ul>

Smart Money May Be Rotating Into BTC While Retail Misses Early Run

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