BTC has stagnated around 122,000. Why is that?
In fact, institutions are not short on cash 💰 and could easily pump it up in the last few days.
Why don't they push BTC to 130,000-150,000?
Because even a fool knows that BTC will reach 150,000 before the end of the year.
When BTC gets close to 150,000, even fools will sell off to take a break or go on vacation.
So recently, the market manipulators are suppressing prices, trying to let BTC drop in order to explode afterwards.
Since BTC doesn't intend to break through 130,000, let's profit from the second-tier coin ETH.
When the shorts on ETH get squeezed out, it will still have a slight pullback. At the beginning of the month, ETH went from 3350 to 4750, a rise of 40 points.
It outperformed over 90% of other coins; ETH truly deserves the title of king of altcoins.