Yesterday, old Powell's meeting saw ETH directly surge to 4888, breaking the historical high, while Bitcoin's market was still quite sluggish, stopping at 117400, not even breaking the 120k mark. So why, despite Powell's dovish speech that stirred the crowd, is BTC not moving?
Bottom line, funds are voting with their feet. The data is clear: yesterday, the beautiful country's Bitcoin spot ETF saw an outflow of 2320 USD, with BlackRock's IBIT alone pulling almost 200 million! Meanwhile, Ethereum ETFs are wildly attracting 373 million from BlackRock, with major players like Fuda desperately increasing their positions in Ethereum.
This is not about who is strong or weak; it's fundamentally about funds switching lanes. It's not that Bitcoin is failing, but Ethereum has a narrative and sex appeal—institutions like BlackRock are also making clear moves to enter. Coupled with staking yields and expectations for ecosystem applications, plus products like Grayscale's mini Ethereum lending a hand, ETH has become a hot commodity. Even more shockingly, a giant whale sold 300 BTC all at once, switching entirely to ETH and even adding 580 million to long Ethereum. This shows that BTC holders are not greedy after seven years. What does this indicate? A Gui believes the short-term rhythm may be changing.
Of course, this doesn't mean Bitcoin has no future. It is still the big brother, the digital gold. But in the current market, A Gui is more willing to direct funds toward the more explosive Ethereum. This isn't about bull or bear markets; it's about the efficiency of capital allocation, putting the knife on the blade.
So don’t just talk about Bitcoin’s fees; the trend is here. If you're still fixated on whether Bitcoin is rising or not, you might miss the current market. There are no prophets in the crypto space, only smart people who catch market dynamics. A Gui never brags or makes empty promises, only teaches you practical survival skills. Follow A Gui's daily strategies.