Bitcoin and Ethereum: What's Next for the Crypto Market?

Cryptocurrency trader smileycapital believes that altcoins are nearing a bottom, with seller momentum weakening and altcoin to Bitcoin ratios at low levels. He predicts that altcoins will begin to uptrend around September, potentially outpacing major coins like Bitcoin. He is also optimistic about Ethereum's performance against Bitcoin, predicting that an Ethereum ETF launch could trigger renewed market interest. Bitcoin is expected to remain range-bound until potentially breaking out in October-November. Smileycapital advises active traders to take profits and employ adaptive strategies, while passive investors should maintain their conviction and consider long-term positions in undervalued altcoins.