Ethereum is outperforming Bitcoin, which historically signals the start of alt-season. The speaker compares 2025 to the 2017 and 2021 cycles, where Bitcoin rallied first, then Ethereum, then altcoins. But institutional money might flow only to Bitcoin this time, leaving alts behind.
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Now the question is, is this lining up like the 2021 and 2017 cycles for 2025? Now how these cycles typically work is Bitcoin runs first, big first mover, then money flows into Ethereum, usually at a larger degree. Right now we're seeing Ethereum run more than Bitcoin. Then we see money flow into large caps, then into what people call alt season. Now I know there's a lot of people online calling for no alt season, and we've seen that in the previous 2 cycles as well. We've also seen that in this cycle. Maybe it's different Maybe institutional adoption just goes for Bitcoin, or will we see a massive alt season? We believe Ethereum is crucial for this alt season to happen, and right now we're seeing some of this breakout happen in Ethereum, which is good news for people that are in the alt season space. Overall though, we do not predict the future perfectly. I do not know what will happen. No financial advice here. I'm just sharing insights of what we're watching and looking at. Me and my partner Dan run an 8-figure crypto investment fund for high-net-worth individuals. Follow along, we'll drop more insights as we go.