I've been cautiously DCA-ing into Bitcoin, but with exchange reserves hitting a 3-YEAR LOW, a supply shock could ignite a massive bull run. However, the looming Ethereum ETF approval in July could trigger a "sell the news" event, potentially sending Bitcoin back down to $50k.
Altcoins are mostly riding Ethereum's coattails, lacking their own catalysts. Is this the calm before an altseason or a prelude to another crypto winter?
I'm cautiously optimistic, but I'm also bracing for potential turbulence. Will the Ethereum ETF be a blessing or a curse for Bitcoin? π€