The Milk Road Show Altcoin Season Heating Up & The Most Bullish Bitcoin Setup Ever w/ Scott Melker
Jul 22, 2025
Scott Melker, a seasoned crypto analyst known as the Wolf of All Streets, dives into the current bullish setup for Bitcoin and the rising influence of Ethereum. He discusses Ethereum’s potential to soar past expectations and why new liquidity is favoring the altcoin market. The conversation touches on market sentiment, legislative factors influencing price trends, and Bitcoin's significance as a hedge against inflation. Melker also highlights the impact of institutional interest on the crypto landscape, making for an insightful analysis of today's market dynamics.
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Ethereum Breaks Key Resistance
- Ethereum has recently broken key resistance against Bitcoin, marking its first higher high in years.
- This breakthrough indicates a potential altcoin mini-season driven mainly by Ethereum's outperformance.
Ethereum as a Trade Opportunity
- The recent bullish momentum in Ethereum is seen as a trade opportunity rather than a long-term hold.
- Ethereum's beaten-down state and growing institutional interest signal it could outperform Bitcoin in the near term.
Tom Lee’s Ethereum Catalyst
- Tom Lee's declaration of Ethereum as the "new Bitcoin" greatly boosted Ethereum treasury companies' stock prices.
- Non-crypto-native endorsements can catalyze mainstream institutional interest more than founders' support.