Bitcoin maximalist Samson Mow is predicting that Ethereum holders will eventually sell their ETH and rotate profits back into BTC — ending ETH’s current rally.

Mow claims many early ETH investors already hold large Bitcoin reserves, using ETH pumps (fueled by new narratives like Ethereum Treasury adoption) to increase BTC stacks. Once ETH approaches its all-time high, he says, selling pressure will intensify — a “Bagholder’s Dilemma” that could trigger a mass rotation back into Bitcoin.

The ETH/BTC ratio has doubled since April’s 0.018 low, now sitting at 0.036, as ETH outperformed while BTC stayed flat. Mow dismisses this move, calling Ethereum “just a vehicle to get more Bitcoin.”

Not everyone agrees. Ted Pillows predicts ETH will hit a new ATH, trigger a mini altseason, then see capital flow back to BTC around $140K before another surge into altcoins. Historically, this rotation pattern has played out in prior bull markets.

With ETH closing its highest weekly candle since 2021 at $4,300, only 12% below ATH, momentum remains firmly in Ethereum’s favor — despite Bitcoin maxi skepticism.