Currently, Bitcoin's market share is at a high level.
A market share of 63.68% is actually very high. At the beginning of 2023, the price of Bitcoin was only $16,000, but at that time, Bitcoin's market share was only 40%.
So, even though Bitcoin has increased sixfold, the performance of altcoins represented by Ethereum+ is still not very good.
In the past couple of years, Ethereum has been heavily criticized, but poor performance actually presents more opportunities. Recently, institutions like BlackRock+ have significantly increased their holdings in Ethereum, with historical net inflows reaching $6.29 billion, and they are also trapped in it; companies like Bit Digital+, SharpLink+, and GameSquare+ have also expanded their Ethereum reserves. Therefore, in the next two to three years, the potential for Ethereum is still greater than that for Bitcoin.
Currently, my total allocation of funds in the cryptocurrency market is over 1.8 million, with Ethereum/BNB occupying 70% of the position. The remaining cryptocurrencies mainly include OKB+, on-chain liquidity mining, and contract fee arbitrage activities.
$BTC$ETH
