Time To Buy The Dip? | 1000x
Empire
00:00
Rotating from ETH to BTC in Cryptocurrency Market
Geo-political catalysts can impact the cryptocurrency market, leading to potential shifts in asset correlations. Currently, meaningful narratives and drivers for liquidity flows are primarily seen in ETH and ETH ecosystems, along with meme coins. As a strategy, it may be a good time for investors to consider rotating from ETH to BTC. The relative strength of ETH in downturns could attract investors back to it, partly due to BTC's previous strong performance causing more sellers for BTC. This scenario could psychologically attract new buyers to ETH, as it demonstrates relative outperformance. The balance between sellers for BTC and ETH may influence market movements, with more people currently willing to sell BTC than ETH.
Transcript
Play full episode
