To be honest, ETH looks more promising than BTC this time. It is more predictable and having better returns.
Usually, the ETH also dumps when the bitcoin dumps so it really does not make a difference. Here again, 40% of the people are betting on the ETH range $4,001 - $4,250 while at the moment ETH price is around 3600$. I know things can change quickly and we can start with a green Monday, but the point is that it is not easy to bet the price of Bitcoin or Ethereum even with the big ranges
If the price of ETH remains under 4000$ and the Bitcoin price under 70,000$, a lot of people will lose these both bets as 40% of the people were anticipating higher bitcoin and Ethereum prices.
That is the major concern for most of the people betting on price prediction.
Just as we speak, ETH price has declined to approx $3500 and might fall within this range by the end of the month.
This changes a lot of things again and people will definitely switch their betting ranges now.
We still have a few days left for analysis and then make a final selection.
I will need to check the odds but it can go both ways, either we keep on dropping and we drop even bigger or bitcoin finds a support and can slowly go up again to like 73k$ or a bit higher. Too bad, you can’t place bets on Solana, that coin just keeps going up and up.
I doubt we will see Bitcoin going even further than 73.000 dollars again,I think it was totally unexpected such a rally from Bitcoin at this point and most people took advantage of the halving to go all in hype about Bitcoin that brought this artificial increase in price.It was good for the people who did this and exchanged their coins in a much higher price than normal but I don't think this is going to be sustainable,just some more days until the halving we may have this price and I am sure that after the Bitcoin price will go back dramatically to come up at 250.000 as a maximum in late 2025.