Let's talk about what brothers are most concerned about: ETH and the altcoin season!
This round of ETF approval, in the eyes of Europe and America, institutions only recognize BTC; capital needs a carrier, a container that belongs solely to them to absorb funds. Although Satoshi Nakamoto created it, he cannot control it! A god can only be called a god after death! Only such a thing can truly be controlled by capital, and capital will not have any worries, allowing for what is called true market control.
Looking back at ETH, its creator Vitalik Buterin is a real person, and the founder's actions can directly influence the coin's price. In the eyes of capital, no one will be allowed to influence their control, just like Binance; it was wise for CZ to relinquish control, only then can Binance go further; the founder can only become a spiritual leader, while capital can become the controller! This is also the core logic of why capital chooses BTC and abandons ETH.
The fork in ETH's consensus mechanism may be Vitalik's biggest mistake. Once ETH could no longer be obtained through mining, it was destined to be abandoned by miners, coupled with various internal bloodsucking from L2 and L3 sectors, making the already not wealthy altcoin situation even worse.
The lack of market liquidity is fundamentally insufficient to support two large-cap coins pulling up simultaneously.
Everyone knows that the altcoin is straightforwardly the leading altcoin. If funds flow into the altcoin, they will also be internally drained by other altcoins, just like a human body filled with parasites; no matter how much you eat, it will not be absorbed.
So some brothers might ask, does the altcoin and the altcoin season have no future? I can only say:
1: If the altcoin season is to come, ETH must pull up first!
2: If BTC does not stop pulling up, ETH will never be able to move.
3: Only when BTC reaches a certain height, followed by a correction and consolidation, will there be overflow liquidity to supplement the altcoins;
So for now, the altcoin is not worth the layout; take the profit and don't hesitate! Do not hold too many altcoins. The weekend is the ETF closing time. If you have altcoins, make sure to take advantage of this opportunity; for worthless altcoins, don't hesitate, if you can break even, clear the position; if you must ask when the altcoin season will come, just watch when BTC stagnates and consolidates!
