According to @KookCapitalLLC, BTC and ETH are at or near all-time highs yet there are no clear signs of new retail participants on Crypto Twitter, with discussion driven by the same cohort active since the prior attention peak, source: @KookCapitalLLC. According to @KookCapitalLLC, the ongoing institutional race into BTC and ETH is not pulling mainstream users back, implying momentum may be concentrated in majors rather than across the long tail, source: @KookCapitalLLC. According to @KookCapitalLLC, traders should account for thinner liquidity and slippage risk in altcoins until a new catalyst draws retail back, while prioritizing high-liquidity pairs like BTC and ETH, source: @KookCapitalLLC.