Rotate – Earlybirds Invest

Bitcoin pioneer Samson Mow predicted Ethereum investors will switch back to Bitcoin once ETH prices get high enough, potentially reversing a five-week surge in Ether.

“Most ETH holders have a lot of BTC (ICO/insiders) and they are rotating that BTC into ETH to pump it on new narratives (Ethereum Treasury co’s),” said the CEO of Bitcoin adoption firm Jan3 on Sunday.

He added that once Ether (ETH) is high enough, “they’ll dump their ETH, creating new generational bagholders, and then rotate the gains back into BTC.”

Mow, who has repeatedly ridiculed altcoins, added that it will be “challenging” for ETH to break all-time highs “because the closer you reach that psychological level, the stronger the drive to sell,” describing it as a “Bagholder’s Dilemma.”

ETH/BTC ratio breaks trend

Mow continued to say that Bitcoiners shouldn’t be worried about the ETH/BTC ratio breaking the downward trendline.

The metric, which is a measure of the price of Ether in terms of BTC, is currently 0.036, according to TradingView.

It has doubled since its five-and-a-half-year low of 0.018 in April, as Ether has surged while Bitcoin has remained relatively static.

Ethereum advocate Anthony Sassano labeled the post as “old school Bitcoin maxis” criticizing Ethereum, and said that it was a bullish sign for ETH.

Rotation back into altcoins

Investor and entrepreneur Ted Pillows offered a different perspective on Sunday, forecasting that Ether will hit a new peak price and spark a mini altseason, before capital rotates back into Bitcoin until it hits about $140,000, followed by a final rotation back into Ether and altcoins.

Related: Michael Saylor is not sweating the rise of Ethereum treasury companies

This is a typical crypto rotation pattern played out in previous bull market years, with Ethereum and altcoins lagging behind Bitcoin with their cycle highs.

Bitcoin dominance has also declined 10% since late June as the rotation into altcoins continues.

Ether’s “incredible pump to $4,300 from institutional interest in strategy reserve plays has aided DeFi platforms in gaining higher TVL, while innovative yield farming and lending strategies draw users back,” Nick Ruck, director at LVRG Research, told Cointelegraph.

ETH weekly close highest since 2021

Meanwhile, ETH prices have seen their highest weekly candle close since November 2021 as the asset topped $4,300 in late trading on Sunday following a weekly gain of 21%.

Ether is now just 12% away from its 2021 all-time high of $4,878, and momentum is still very much with it despite the derision from Bitcoin maxis.

Magazine: How Ethereum treasury companies could spark ‘DeFi Summer 2.0’

]]> https://earlybirdsinvest.com/ethereum-bag-holders-will-rotate-back-to-bitcoin-samson-mow/feed/ 0

52603

‘Altseason for TradFi’ Underway As Investors Look To Rotate Profits Into Riskier Bets: Bitwise CIO Matt Hougan https://earlybirdsinvest.com/altseason-for-tradfi-underway-as-investors-look-to-rotate-profits-into-riskier-bets-bitwise-cio-matt-hougan/ https://earlybirdsinvest.com/altseason-for-tradfi-underway-as-investors-look-to-rotate-profits-into-riskier-bets-bitwise-cio-matt-hougan/#respond Wed, 30 Jul 2025 02:03:58 +0000 https://earlybirdsinvest.com/altseason-for-tradfi-underway-as-investors-look-to-rotate-profits-into-riskier-bets-bitwise-cio-matt-hougan/

The chief investment officer of crypto asset management firm Bitwise, Matt Hougan, says traditional finance (TradFi) companies are on the hunt for higher returns in the cryptocurrency space.

In a new interview on The Wolf of All Streets, Hougan says that after making “tons of money” in Bitcoin exchange-traded funds (ETFs), TradFi firms are now seeking alternative opportunities in the industry.

“They made all this money. All this money flowed into Bitcoin. The price went up a 140%. And what are they going to do?

They’re going to rotate into like Kellogg’s [stock]? No, they’re going to rotate into Circle and Ethereum and treasury companies. And now ETH treasury companies. And now Solana treasury companies…

The Bitwise CIO says the trend of investing in crypto treasury companies is in an early phase. According to Hougan, the trend is only going to accelerate in the coming months.

“And I know that’s counter to the media narrative, which feels like we’re peak bubble, we’re, you know, March 2000 in the internet. But we’re not. We’re 1998. Like, people are still just getting excited.

The amount of flow that comes through my inbox is incredible. And if you’re bullish about crypto generically, why would you think this trend stops? If I think Bitcoin is going to $200,000, do I think this treasury trend increases or decreases? It’s almost like a self-reinforcing loop until it gets overblown. And I don’t think we’re there yet.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.