Morning of 11/05/2025 04:23. ETH has witnessed a large flow of capital including:
1. the flow of capital rotating from BTC to ETH (observing the correlation chart of BTC Dom and ETH Dom). The ETH/BTC price reversed sharply with strong green candles since 09/05 after months of decline.
2. External capital inflow into the market. I have observed that since the day before yesterday, the capital inflow into the Altcoin market (Total 2) is mainly focused strongly on ETH, as half of the capital flowing into Total 2 is going into ETH, while the remaining Altcoin market (excluding ETH) shares the other half of the remaining capital (observing image 1 with red underline: Total 2 (alt cap) and Total 3 (alt cap excluding ETH)).
3. The current capital flow favors ETH and Altcoins. Meanwhile, there is a significant decrease in Bitcoin. At the time I wrote this article, BTC had a capital inflow of $5B (observing image 1 with red underline: BTC), ETH $20B, and Altcoin cap excluding ETH $20B.
Bonus: the altcoin season indicator is at 44/100. This shows that we are witnessing a positive price trend after a difficult period affected by negative news regarding Trump’s tariffs. After the rain, the sun shines again; there are no perpetual declines and no perpetual increases; just need to accumulate at the right time and wait for the opportunity to cash out.
😁