Bitcoin surged to a new high of 123,000, but altcoins reacted quite calmly.
As profit-taking began with $BTC , capital rotation arrived—Ethereum finally made its move, reclaiming 3,000 and peaking at 3,150, marking a new 5-month high.
Analysts say this is the first step driven by the inflow of Bitcoin funds, and the ETH/BTC ratio has also broken through the annual line, suggesting a potential medium to long-term reversal.
Some analysts even boldly predict that Ethereum's upcoming trend may replicate Bitcoin's cycle from 2018 to 2021, which saw a 1,100% increase... Of course, this is just a possibility, but the sentiment is already rising, and the spring for altcoins may be approaching soon.
