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mk  ·  53 days ago  ·  link  ·    ·  parent  ·  post: Crypto price fun.

My gut.

Also BTC is nearing the bear phase of it's 4-year boom bust cycle based upon its reward halving. Meanwhile ETH is being pulled off exchanges, locked into DeFi for yield, into ETH2 staking contracts, and due to the EIP-1559 in the July fork, will have a ~30% reduction in issuance. Late this year, more likely early next, ETH will transition to proof-of-stake, which will cut issuance far more drastically.

In short, BTC is going into a bear, and ETH is going into a scarcity-driven bull.