Why does $ETH lead the bull markets?

[Ridwan Fauzi]

I just think that ETH investor is bitcoin investor, the scenario will be like this, the investor will push bitcoin to high price ans after that they have got a lot of profit they will sell a half to take the profit and after that they will push ETH, this is why the bull run from bitcoin and ETH never happen simultaneously.

Many investor will have a thinking that altcoin season will start when bitcoin price trying to decrease after increasing price drastically or in sideway market. Like has been happening now, bitcoin price movement is in the sideaway market and ETH is trying to reach new all time high. This is will happen as long as there is no bad fundamental factor comes.

[agustina2]

Do you understand what your talking about here in the forum? How come that ETH is leading the bull market?
can't you see how much each Bitcoin now in the market together with its volume or your just blind. I think you need to research about this matter. Because, it is too obvious that Bitcoin is leading the market and followed by Ethereum only.

When the time this thread was created, maybe OP saw that ETH is leading the bull market. But it's a no brainer to think that they are the most dominant as BTC is already climbing its way up even from last year.

And the thread was supposedly to shill $BET as out of nowhere, it was mentioned without explaining what it is. I don't even know what coin or token it is.

[seleme]

I just think that ETH investor is bitcoin investor, the scenario will be like this, the investor will push bitcoin to high price ans after that they have got a lot of profit they will sell a half to take the profit and after that they will push ETH, this is why the bull run from bitcoin and ETH never happen simultaneously.

Many investor will have a thinking that altcoin season will start when bitcoin price trying to decrease after increasing price drastically or in sideway market. Like has been happening now, bitcoin price movement is in the sideaway market and ETH is trying to reach new all time high. This is will happen as long as there is no bad fundamental factor comes.

BTC and ETH are market leaders no matter it is a bull or bear market. The price of ETH dictates the rest of altcoins whether the trend will be up or down. Maybe in the next 5 years, an alternative blockchain network will be used as a fundamental basement for altcoins and that new crypto will replace the ETH. Alt season is obviously the price shadow of top altcoins especially ETH. The ETH has higher potential to hit $2000 soon but every trader has to do homework before getting rekt on financial markets.

[JeffBrad12]

I dont think so and i dont see it happening anytime soon because if you compare what’s happening now to what happened in 2017 then you would see that btc price is 19% higher that 2017 while ethereum is just breaking about 5% increase from 2018 and bitcoin Is never a thing of the past

your calculation based on the gap between the bitcoin price and bitcoin old ATH price. It was almost doubled and ethereum is only getting a small gap after it's increasing to $1600 for each ethereum while the old ATH was around $1355
Bitcoin is not leading the anytime as per the trend can be changed anytime. The market doesn't always need bitcoin to do that.
That being said if ethereum can lead the bull market. It's not relevant to use the gap between the current price and old ATH to determine which coin leads the bullish market.
The trend will not see from that factor.

[Nisterse]

BTC and ETH are both leading the bull market right now. Volumes sure are going up for both top cryptocurrencies. They are making sure the market is lively enough that other altcoins are growing as well just like DOT, LINK and XRP. These are all big tokens right now. BTC and ETH hitting new highs are important for everyone. We make money out of this. Better grab it!