BTC.D looks ready for a reversal. Seems to have reacted @ around 66% dominance or the .786 fib. RSI is also showing overbought at 70.
Bullish cases for Ethereum (and other alternatives):
Recent Pectra Upgrade
coinmetrics.substack.com/p/state-of-the-network-issue-313
ETH ETF Staking In Progress
cryptomus.com/blog/sec-considers-ethereum-etf-staking-after-talks-with-blackrock-news?srsltid=AfmBOop1NQsc86FCwXS09UJIjkDY1Q_tou7_mN2QfGfYuR_mHuK67TNG
🔥 Monetary Policy:
Deflationary ETH, low issuance, gas burn
💸 Income & Yield:
Staking yields + restaking = ETH as productive asset
🌉 Scaling:
L2 growth, rollup-centric roadmap
🏛 Regulatory Clarity:
Spot and staking ETFs, ETH viewed as a commodity
🧠 Innovation:
Fastest-moving ecosystem, leading dev activity
📊 Valuation:
ETH/BTC ratio and on-chain revenue imply undervaluation, deflationary aspect
📈 Institutional Access:
ETFs, staking rewards in ETFs, custody solutions, DeFi
🔮 Bottom Line: Bitcoin Dominance will most likely decline because:
• The market in general is expanding beyond just a monetary hedge.
• Assets like ETH and others offer yield, utility, and flexibility.
• Developers and institutions are building on platforms, not commodities.
Bitcoin may retain its crown as digital gold, but it’s no longer the center of gravity in the crypto universe. Only time will be the true test! May the best tech prevail!
NOT FINANCIAL ADVICE!!!
Bullish cases for Ethereum (and other alternatives):
Recent Pectra Upgrade
coinmetrics.substack.com/p/state-of-the-network-issue-313
ETH ETF Staking In Progress
cryptomus.com/blog/sec-considers-ethereum-etf-staking-after-talks-with-blackrock-news?srsltid=AfmBOop1NQsc86FCwXS09UJIjkDY1Q_tou7_mN2QfGfYuR_mHuK67TNG
🔥 Monetary Policy:
Deflationary ETH, low issuance, gas burn
💸 Income & Yield:
Staking yields + restaking = ETH as productive asset
🌉 Scaling:
L2 growth, rollup-centric roadmap
🏛 Regulatory Clarity:
Spot and staking ETFs, ETH viewed as a commodity
🧠 Innovation:
Fastest-moving ecosystem, leading dev activity
📊 Valuation:
ETH/BTC ratio and on-chain revenue imply undervaluation, deflationary aspect
📈 Institutional Access:
ETFs, staking rewards in ETFs, custody solutions, DeFi
🔮 Bottom Line: Bitcoin Dominance will most likely decline because:
• The market in general is expanding beyond just a monetary hedge.
• Assets like ETH and others offer yield, utility, and flexibility.
• Developers and institutions are building on platforms, not commodities.
Bitcoin may retain its crown as digital gold, but it’s no longer the center of gravity in the crypto universe. Only time will be the true test! May the best tech prevail!
NOT FINANCIAL ADVICE!!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.