BTC and ETH may not rise and fall together in the future.

The start of this bull market was in October 2023, the day BTC announced the ETF. In March 2024, it broke a new high, with a maximum correction of 33 points in between. Then in November, it broke a new high again, after a correction that lasted more than half a year.
It has always been said that for a coin to rise, it must undergo a washout; the fewer retail holders there are, the more it can rise. This principle can be applied to any coin. I have also consistently said in the live broadcast that if the main holders of a coin are retail investors, then that coin has no future and will only go to zero. There is no second way to go because retail investors lack the big picture and do not have a unified direction; everyone just wants to make money. Now that the coin has risen and you have made a profit, what will you do if it falls back down?
Back to the topic of BTC and ETH, everyone should be clear about one thing: the reason BTC can rise so much is entirely because its holders are mainly institutions and some remaining die-hard BTC users. My transactions of BTC amount to tens of millions, and I sell some BTC every time it hits a new high, anyway, I don't regret selling BTC at this price. If you let me do it again, I would still do the same!
The trading volume of 43 tokens is just over 5 million U, which then pushed up the market value of several trillion by 0.2 per thousand. It can be seen that the selling pressure is in a scarce state. The main reason for this situation is that institutions hold a large amount of BTC, and correspondingly, ETH. One point I want to make here is that there is no lack of selling pressure for ETH; retail investors are too heavily invested. There hasn’t been a proper washout for ETH, and the depth of this wave of washout is only 23 points, which is not enough to wash out most retail investors. For capital, the fundamental purpose of investment is profit. As the speculative heat on BTC begins to fade, ETH will naturally take over the heat!
If you are my fan and you are willing to take the time to learn, this post is worth watching repeatedly because all the analysis and judgments I made at the end of June have been realized.

BTC will not experience significant fluctuations in the future, while ETH will definitely see a super large fluctuation, which could be a fall from 5000 back to 3600 or even 3200.
BTC has completed its capital layout, and it is currently impossible to determine whether ETH is a new target for capital allocation or merely a harvesting tool. If it is a new target for capital allocation, the future price of ETH will be 6000+
My view on the spot price of ETH is that you must clear more than 25% of your position above 4600. ETH might go to 6000 or even 10000, but definitely not this year. There will absolutely be opportunities to buy at lower prices this year. The reason is that there are too many retail investors in ETH; when there are many retail investors, they must be washed out. Retail investors must be driven away for the price to experience linear stretching. If retail investors are not washed out around the 4000 price level, institutions will absorb this part of the retail selling pressure at the high points. No one will give away money for nothing, unless giving you money can bring them greater profits. We must clarify this logic.