Two reasons why ETH and its altcoins have to rise if BTC is pressed down
In the crypto circle where the expectation is ten times or a hundred times, holding ETH is equivalent to losing half of the bull market.
There are endless curses in the circle, and people are worried that if they continue to hold it, they will have to say goodbye to the entire bull market.
Is there still hope for the second largest crypto in this bull market, and can it still surge?
First, as the king of altcoins and the king of public chains, ETH has deep roots and has been embedded in every corner of the crypto world. Although Solona has been reborn, a number of new public chains such as Sui, Avax, and Ton have also performed well. But ETH's position in DeFi, RWA, stablecoins, or NFT niches is still unshakable.
Various whales and even Wall Street forces have been involved in ETH very deeply, and many calculations were already destined in the last round. At that time, other public chains did not even have the qualifications to carry shoes for it. In other words, a large amount of funds and plans have been ambushed in advance, and the script for the rise has been designed long ago, just waiting for specific conditions to be triggered.
With the advancement of encryption, ETH will definitely get the first chance to get the moon, and the green light will be on the way, just like the current spot ETFs, only BTC and ETH. Finance 2.0 will give ETH a huge space to display, and a large number of institutions use ETH as infrastructure to carry out their own web3 business. Second, at present, the ETH spot ETF policy does not allow it to be pledged. Users cannot obtain staking income and have to pay management fees, which blocks a large part of the capital inflow, and the ETF is less attractive.
With Trump's coming to power, it is highly likely that subsequent policies will allow ETFs to obtain staking income for customers. At present, the annualized staking yield is about 4%. At that time, with the advancement of interest rate cuts, the attractiveness of ETH spot ETFs will even exceed BTC. Not only can you enjoy the dividends of the growth of the Ethereum ecosystem and the increase in the price of the currency, but you can also eat interest while lying down, eating and getting. This will bring a huge amount of liquidity to the Ethereum system and even the entire altcoin, and completely detonate the Ethereum-related ecology.