Events of the last 48 hours
• There has been strong selling from a Bitcoin whale, and what's notable is that this time they did not re-enter Bitcoin but shifted to buying Ethereum.
• Even before this step, we saw major investment funds, including BlackRock, starting to pay more attention to Ethereum, while gradually reducing their positions in Bitcoin.
🔍 Why the shift towards Ethereum?
1. Bitcoin is currently close to its historical peaks → this means the expected return has become relatively weak.
2. Ethereum is still below its true value → the market sees that it has more room to rise and higher returns.
3. Market cycle: always after the Bitcoin distribution phase, liquidity first moves to Ethereum, and then to the other cryptocurrencies.
✅ Why are we on the right track?
• The current scene is very natural and, on the contrary, is considered a healthy signal.
• Ethereum is usually the one that leads the beginning of the altcoin season, and this is what we are actually seeing happen:
• Gradual selling of Bitcoin.
• Injecting liquidity into Ethereum.
• Preparing for the season of the launch of other cryptocurrencies.
There is no need to worry:
• What is happening now is a natural and expected liquidity redistribution within the cycle.
• The focus of whales and funds on Ethereum gives us a clear signal that the season has started to form in the right direction.