ChainCatcher message, CryptoQuant CEO Ki Young Ju posted an analysis stating that the traditional Bitcoin-driven rotation model for crypto assets has ended, influenced by regulation and institutional adoption. He illustrated this with a metaphor of "climate change," saying, "'rainy season' has completely disappeared, leaving only occasional drizzles."New funds will mainly flow into the market through stablecoins or widely accepted large-cap tokens, rather than a traditional broad altcoin market. Ki Young Ju also shared a five-phase roadmap to "altcoin season," which includes stablecoins, Bitcoin, large-cap tokens, selected crypto-native tokens, and institution-supported tokens.