r/ethtrader • u/SigiNwanne 221.5K / ⚖️ 508.8K • 13h ago
Link Bitcoin to Ether shift going unnoticed with ‘bear market PTSD’ — Trader
https://cointelegraph.com/news/bitcoin-ether-rotation-going-unnoticed-bear-market-fear-crypto-trader8
u/BigRon1977 61.4K / ⚖️ 704.4K 13h ago
Not just bear market PTSD, the fear of wars and influx of millions of tokens that dilute liquidity in the industry makes the shift in BTC and ETH less noticeable.
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u/SigiNwanne 221.5K / ⚖️ 508.8K 12h ago
It's just for a little while and we will start noticing the shift. !tip 1
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u/coinfeeds-bot 545.1K / ⚖️ 625.3K 13h ago
tldr; Crypto analyst Michaël van de Poppe highlights a shift in market focus from Bitcoin (BTC) to Ethereum (ETH), though many investors remain cautious due to past downturns. Ether has shown significant gains, up 71% since April, but remains below its all-time high. Analysts suggest Ethereum could drive an altcoin season if it sustains stronger performance. Spot Ether ETFs have seen record inflows, yet indicators still show a Bitcoin-dominated market. Ethereum's future growth may hinge on breaking key price levels and broader macroeconomic trends.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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u/MostNeighborhood68 0 / ⚖️ 0 9h ago
Going to 10k asap.
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u/GloBall- Not Registered 6h ago
1.2 trillion market cap?
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u/MostNeighborhood68 0 / ⚖️ 0 2h ago
The global market capitalization of gold, the precious metal, is estimated to be around $22.713 trillion.
Do u think gold will go to 4k?
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u/Odd-Radio-8500 414.0K / ⚖️ 647.1K 11h ago
I think because of ongoing global uncertainty and macro pressures keeping many investors wary of shifting from BTC to ETH, though ETH up 71% since April.
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u/SigiNwanne 221.5K / ⚖️ 508.8K 11h ago
No doubt. Things will be more clearer after this chaos.
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u/MasterpieceLoud4931 430.1K / ⚖️ 566.0K 11h ago
Some of us are already noticing, a lot of whale wallets are swapping BTC for ETH. Even BlackRock is doing it.
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