Heist_FlyZ

BTC Will Dominate, ETH & Alts Will Suffer

BINANCE:ETHUSDT   Ethereum / TetherUS
BTC Dominance:


ETH/BTC:


A few months ago I mentioned that big money would flow from altcoins to Bitcoin. So far, this is what's happening and most likely continue to happen. But now I would like to add a few words about the most important altcoin - Ethereum. I've attached two charts above to show why Ethereum will lose to Bitcoin (in terms of market dominance).
Even though ETH is the largest altcoin and activity on the network remains at a decent level, there are fewer and fewer large holders and the profitability from staking is also falling and is simply not attractive at the moment. It's also clear as a day that BTC dominance will continue to grow, while ETH dominance will most likely decrease (or remain flat). I could also discuss the rumors about the imminent launch of a Bitcoin ETF, but I don’t think the SEC will approve this any time soon. It's rather important to mention here that even based on rumors alone, the price is growing much faster than the rest of the market. To sum it up, buying Bitcoin and shorting Ether is the best decision so far in my opinion.
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