Macro rotation is slowly starting
$BTC to $ETH
“But bitcoin is locked in stocks now so how?
Well $IBIT and all other big money players that can exit through greyscale, can simply sell and buy $ETH under $ETHA and the many other options for it
Then due to that, you get all the native crypto people, exiting $ETH in new ATH price discovery to jump into alts
The rotations will happen, but generally slower as we’ve seen with this bullrun so far, it’s taking a lot longer for price to trend, but trend it does
$IBIT > $ETHA > alts
Same rotation, just a different mechanism