When Altcoins, Ethereum or still Bitcoin?

Good day and warm greetings to everyone. In recent months, weeks, and especially in recent days, we have witnessed significant increases in the cryptocurrency market, such as Bitcoin, Ethereum, and others, attracting the attention of investors interested in potential profits. We await further records and the continued development of this trend.

We notice a tremendous interest in the cryptocurrency market, not only among subscribers and traders but also among those observing our activity. The high number of inquiries we receive indicates a significant interest in this subject matter. Therefore, I have decided to record an episode for you in which I will discuss whether it is worth sticking with Bitcoin or whether it is better to move to Ethereum or other alternative cryptocurrencies, and what factors to consider.

Today, my program is divided into several thematic blocks based on the most frequently asked questions. So, let's get into the specifics.

The first question concerns the strategy regarding potential interest after the introduction of Ethereum ETFs. To answer this, I need to examine what happened before and after the introduction of ETFs on Bitcoin. This occurred during discussions about introducing the first spot ETFs on Bitcoin. These ETFs differ from futures ETFs in that they must actually acquire physical Bitcoins, which can impact the market in various ways.

On the wave of expectations regarding the acceptance of ETFs, Bitcoin prices rose sharply, reaching even a 77% increase. After the decision to accept spot ETFs, a price correction followed, which is a typical "buy rumors, sell facts" move. However, this correction was relatively small, and the markets quickly returned to growth, even reaching an 82% increase within two months. It is worth noting that these increases, considering the upcoming halvings, are impressive and may bring further gains in the medium and long term.

I also looked into the share of ETFs in the Bitcoin market. Currently, 80% of the Bitcoins going to ETF holders come from the secondary market, indicating a huge interest from people who were previously outside the cryptocurrency market. I also present potential factors, such as the upcoming halving, which may further boost Bitcoin prices.

I have also recently conducted an analysis of the cryptocurrency market in general. The current cycle of growth may differ from previous ones, but there are some similarities that can be useful to us in predicting the future direction of the market. Crowd psychology and media headlines can have a significant impact on market behavior.

I also conducted an analysis of the CBBI indicator, which reflects the market situation. Currently, its high level may indicate possible market saturation, which could mean short-term declines, but in the long term, we can still expect growth. It is important to be aware of these factors and adjust our investment strategies accordingly.

It is also worth noting the historical data analysis regarding price increases of Bitcoins and Ethereums after the introduction of ETFs. The data presented show that even after the decision is accepted, prices may still rise in the long term.

In the market situation analysis, I observe that we are currently experiencing tremendous interest from institutional investors, which may be another factor accelerating the rise in cryptocurrency prices. It is also worth noting the increasing number of platforms and financial products related to cryptocurrencies, which may further increase interest in this asset class.

It is also important to remember the risks associated with investing in cryptocurrencies. This market is highly volatile and susceptible to price fluctuations, which can lead to significant financial losses. Therefore, I recommend caution and a thoughtful approach to investing in cryptocurrencies.

In summary, despite short-term declines that we may witness after the introduction of ETFs, the long-term prospects for Bitcoin and Ethereum remain promising. Investors should monitor the market situation, adjusting their strategies to the changing circumstances.

Thank you for your attention, and I invite you to discuss.