Part 5/16:
Diverse Portfolio Strategies: Some investors ponder whether to convert ETH holdings to Bitcoin or diversify into altcoins like Solana or other faster/more promising chains.
ETF Impact on ETH: Approval of a Bitcoin ETF could buoy Ethereum prices as well, especially due to its staking ecosystem and perceived utility. Predictions of approval remain uncertain but suggest positive momentum when it materializes.
Conclusion: While recent technicals aren't promising for ETH in the short term, the long-term outlook partly hinges on ETF approvals and broader institutional interest.