Samson Mow Predicts Ether Rally Will End With Capital Flowing Back to Bitcoin

Bitcoin advocate Samson Mow believes the recent surge in Ether (ETH) prices will eventually reverse, with many investors rotating their gains back into Bitcoin. The CEO of Bitcoin adoption firm Jan3 argued on Sunday that most major ETH holders — particularly those with significant Bitcoin from early ICO days — are deliberately moving BTC into ETH to drive prices higher under fresh narratives, such as the rise of Ethereum treasury companies . According to Mow, once Ether reaches attractive price levels, these investors will offload their holdings, leaving behind “new generational bagholders” while transferring profits back into Bitcoin. “No one wants ETH in the long run,” he said, adding that it will be difficult for ETH to surpass its all-time high because the closer it gets to that psychological barrier, the stronger the urge to sell — a scenario he calls the “Bagholder’s Dilemma.” ETH/BTC Ratio Rebounds Strongly Mow dismissed concerns about the ETH/BTC ratio breaking its long-term downward trendline, stating, “Ethereum has always been a vehicle for those people to get more Bitcoin. It was true for the ICO, and it’s true now.” The ETH/BTC ratio — which measures Ether price relative to Bitcoin — currently sits at 0.036, double its April low of 0.018. This rebound comes as ETH price has climbed sharply while Bitcoin has remained relatively steady. Ethereum supporter Anthony Sassano characterized Mow’s comments as typical “old school Bitcoin maxi” rhetoric and argued that such criticism is actually a bullish signal for ETH. Possible Ether and Altcoin Rally Ahead? Not everyone shares Mow’s outlook. Investor and entrepreneur Ted Pillows predicted that Ether will break its previous record price and ignite a brief altseason before capital flows back into Bitcoin, potentially pushing BTC toward $140,000. He expects a final rotation into ETH and other altcoins afterward — a sequence that has occurred in past crypto bull markets, where Ethereum and altcoins often peak after Bitcoin. Bitcoin dominance has dropped 10% since late June, reflecting the ongoing rotation into altcoins. Meanwhile, ETH has posted its strongest weekly close since November 2021, touching $4,300 on Sunday after gaining 21% over the week. The token now sits just 13% below its all-time high of $4,878, with bullish Ether momentum persisting despite skepticism from Bitcoin maximalists. The post Samson Mow Predicts Ether Rally Will End With Capital Flowing Back to Bitcoin appeared first on TheCoinrise.com .

Source: The Coin Rise