Analyst Reveals Why He's Choosing ETH Over BTC For Long Positions
Renowned analyst "ImNot The Wolf" recently shared insights favoring Ethereum (ETH) over Bitcoin (BTC) on Twitter. He highlighted BTC's narrowing dominance trend, suggesting a potential decline, while ETH could benefit. The analyst speculated that Bitcoin's ETF volume might shift to Ethereum, anticipating institutional players to capitalize on profits and increase ETH positions. Additionally, he mentioned upcoming events like a spot Ethereum ETF and the BLAST network launch, signaling potential growth for DeFi and altcoins. The imminent EIP-1559 upgrade for Ethereum was also cited as a factor for ETH's potential market strength. Despite cautioning about a possible prolonged bear market due to over-regulation, he advised strategic investment to attain financial freedom.#BTC #Portal #TrendingTopic #ETH✅ #Write2Eam