Day 2 after the spot $BTC etf approval and after more than 4 Billion USD spend on Btc it was outperformed by $ETH , and the price drops more that 5% in five hours time. Now, please, tell me how that math works out sensibly???

I will be keeping an eye open for a possible 10% decline spike in #ETH between now and shortly after it's spot etf approval, because i suspect this was a calculated move by sum_whale to secure more affordable ETH for their company once approval is finalized. For now Eth seems slightly more stable.

For the time being the market still seems optimistic about the first quarter of 2024 and as Btc seems to be establishing new support around the 43k area it might be a good idea to execute a new grid strategy on both currencies. Keeping in mind the latter will start closing the gap between them during the second quarter of this year.