it'd be bullish because of the concept of dispersion. we need concentration back into #btc so that it can go hard which is a prerequisite for anything else in this market to do well (including $eth).

without #btc, nothing will do well. and #btc could struggle further if there is a narrative of demand for the $eth etf. fatigue sets in, money gets diluted... eventually the entire market goes down.
#btc #eth #btc #btc