Key insights

• ⬇️ Eth Bitcoin valuation trend influenced by shifts in monetary policy and rejection from bull market support band
• 📉 Expectation of Ethereum's valuation against Bitcoin to top out around 0.053 with a bearish view based on monetary policy
• 💭 Bitcoin's price movement affected by speculations about the approval of ETF, fractal pattern suggests potential downtrend if not approved
• 📈 Bitcoin dominance may surge in the summer months, reaches 64.5%; trend attributed to monetary policy, not contingent on ETF approval for Eth
• 📈 Bitcoin dominance trend expected to continue rising into the summer, possible correlation between market movement and upcoming economic events
• 🔚 Bottoming process for eth Bitcoin valuation likely at 0.03 to 0.04 following ETF rejection, anticipating final rally before capitulation into the summer
• 💼 Potential impact of transitioning from tighter to looser monetary policy and the FED's decision on Ethereum's valuation
• 📊 Impact of social risk on crypto markets and alt Bitcoin pairs capitulation

Q&A

• Where does the speaker anticipate the bottoming process for the eth Bitcoin valuation?

  The speaker anticipates that the bottoming process for the eth Bitcoin valuation is likely to be at 03 to 04 following the rejection of the spot ETF. They predict a final rally before capitulation into the summer and discuss the potential for rate cuts and the impact of social risk on crypto markets.

• What is expected for Bitcoin dominance trend into the summer?

  The Bitcoin dominance trend is expected to continue rising into the summer and potentially surge in June or July. There's a possible correlation between market movement and upcoming economic and monetary policy events.

• What may drive a surge in Bitcoin dominance?

  Bitcoin dominance may see a surge in the summer months, possibly reaching 64.5%, driven by monetary policy and historical trends. However, it's important to note that the potential bottoming of Eth Bitcoin is not solely dependent on ETF approval.

• How is Bitcoin's price movement being affected?

  Bitcoin's price movement seems to be affected by speculations about the approval of an ETF, with the fractal pattern suggesting a potential downtrend if the ETF isn't approved.

• What is the speaker's bearish view based on?

  The speaker's bearish view on Ethereum's valuation against Bitcoin is based on monetary policy and the concept of higher risk assets bleeding to lower risk assets during tighter monetary policy. They also anticipate a potential transition from tighter to looser monetary policy and its impact on the FED's decision.

• What influences the valuation of Ethereum against Bitcoin?

  Ethereum's valuation against Bitcoin is influenced by shifts in monetary policy, which can impact the trend and potential bottoming process.

• 00:00 The eth Bitcoin valuation has been in a macro downtrend, influenced by shifts in monetary policy. The trend is characterized by lower highs and the rejection from the bull market support band, indicating a possible upcoming capitulation. There's speculation about the approval of ETF, but the moves are short-term and driven by low probability bets.
• 07:32 The speaker expects Ethereum's valuation against Bitcoin to top out around 0.053 with occasional wicks above it. Their bearish view is based on monetary policy and the concept of higher risk assets bleeding to lower risk assets during tighter monetary policy. They anticipate a potential transition from tighter to looser monetary policy, which could impact the FED's decision. They predict a temporary counter-trend rally of Ethereum against Bitcoin, followed by a downside resolution due to their views on monetary policy.
• 14:29 Bitcoin's price movement seems to be affected by speculations about the approval of ETF. The fractal pattern suggests a potential downtrend if the ETF isn't approved. The recent pattern resembles previous cycles, indicating a possible bottoming out by July or August.
• 20:58 Bitcoin dominance may see a surge in the summer months, possibly reaching 64.5%, driven by monetary policy and historical trends. The trend of lower highs in Eth Bitcoin pair is attributed to monetary policy and not fundamentally against Eth. The view is not contingent on the approval of the spot ETF for Eth. The potential bottoming of Eth Bitcoin is not solely dependent on ETF approval.
• 27:34 Bitcoin dominance trend may continue to rise into the summer leading to a potential surge in June or July. The dominance excluding stable coins is showing a similar pattern to a previous cycle, indicating a possible downturn for ETH Bitcoin.
• 34:05 The speaker believes that the bottoming process for the eth Bitcoin valuation is likely to be at 03 to 04 following the rejection of the spot ETF. They predict a final rally before capitulation into the summer and discuss the potential for rate cuts and the impact of social risk on crypto markets.