• BTC: +318% in 2.5 years
• ETH: +36% in the same period
• ETH/BTC ratio dropped 75%
It's not just appreciation. It's the institutional market saying: "if you're going to carry risk, it should be an asset with liquidity, brand and survival."
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Wow! I just watched this video by tech lead. He showed a chart performance of going long bitcoin and shorting ETH and the return was like 60% year to date I think.
Was crazy to see and here it is being confirmed.
ETH is dying
I remember that I sold all my ETH position that I had in 2022 and decided to focus only on Bitcoin.