ETHEUR
Ethereum / Euro
crypto Composite

Quick reconstruction of the week, because the sequencing matters more than the price action:

Aug 18 — SEC proposes "Regulation Crypto Assets," easing disclosure requirements for certain offerings.

Aug 19 — Treasury announces long-dated bond buybacks at least double in size, $2B to $4B+ per operation. Yields drop.

Aug 20 — BTC breaks the six-week range, tops $71K. Roughly $3B of shorts liquidated in 24h, largest since 2021. Spot BTC ETFs take $606M.

Aug 21-22 — BTC settles around $77.3K, +22.7% on the week. ETH \~$2,360. XRP +39%. Fear and Greed 72.

Two of the three catalysts are policy, and policy can be withdrawn. The buyback expansion is the load-bearing one — it's a real change in dollar liquidity, and it's why this looked more like a macro risk-asset repricing than a crypto narrative pump.

The part I think is being misread: everyone is calling a top off the Greed reading. But perp funding is only running about +4.7% annualised on the month, and the trailing week cooled to +3.8% — roughly half the long-run +8.4% average. After a +22% week you'd expect funding to be screaming. It isn't.

That implies this leg was driven by spot and ETF flow rather than leveraged longs piling in. Which is a genuinely different risk profile than a squeeze top: fewer forced sellers stacked up on the way down, but also much less short fuel left on the way up. The 24h liquidation tape has already flipped two-sided (\~$858M longs vs \~$816M shorts), so the easy direction is gone.

What I'm watching rather than predicting:

\- Whether ETF inflows keep printing $200M+ days now the squeeze fuel is spent
\- Whether funding actually normalises upward, which is when the crowded-long argument becomes real
\- Dominance. Alt gains so far look like beta off a BTC breakout, not rotation — the tell would be dominance breaking down while BTC goes sideways.

Curious what the bear case is beyond "it went up too fast." Anyone still short, what's the thesis?

Diversification is key. BTC and ETH. Win win.

This is the elephant in the room that many here and on r/ethereum refuse to address. Ethereum as a network has been wildly successful and will continue to grow. ETH does not capture value from that, though. There are zero automatic buybacks and burns are easily offset by new issuance. The market is tired of L1s that claim to be money (they arent, and ETH certainly isnt).

You’d be better off finding some money to invest in ETH separately.
Bitcoin is way more useful than Ethereum.

Swapped my BTC for ETH on several occasions @ about 0.025, no regrets at all.
And 
I think 0.03 is a good entry point, but of course there are no guarantees either way.

Nonononono.
First, you always should keep most of your portfolio in BTC.
Second, ETH is not a shitcoin, yes? But if you actually would look at the graph, It´s not clear that it wins any relevance against BTC, in fact, the opposite seems to be true.
Also you have to consider the intrinsic risks, you´re depending on the Ethereum fundation and the big big stakers.
I mean, all of they want the price to go up, and if you move around DeFi you may find ETH a lot more comfortable, but if it is not the case, is an unncesary move like... what are you trying to achieve doing so exactly?

What is this "relevance" that is a "store of value" you speak of...? If you mean cultural relevance, sure. But a store of value is just that. ETH _does something_ ... other than generate headlines and create frothy late stage capitalist vibes.

Bitcoin has wayyyy more relevance than ETH. Solana and others are in competition with ETH (and frankly perform way better in both user participation and price action).
No other crypto competes with bitcoin. It’s THE public scarce decentralized store of value. No second best.

I’m 54 y/o and work in healthcare. My financial knowledge is limited to the reading I’ve done to educate myself and I can look at my 401k and compare performance, fees, management history etc and make sound decisions.
In early 2020, I took a loan out of my 401k and bought Bitcoin around 8k and also bout ETH about $300. I’ve followed the cycles ever since and played around with leverage and sold small parts here and there. On paper, I’ve made a lot of money but it’s not income and I’m not ready to sell.
I recently had a young 22 y/o kid in a motorcycle accident as my patient and he makes all his money through trading. He told me that he didn’t sleep for almost a year studying and back testing all his trades before he quit his job. He said it almost cost him his relationship etc but now he figured it out. He trades most exclusively with prop firms.
He traded nasdaq futures and said he learned ICT BUT said it stopped working for him so he developed his own strategy but his core understanding came from ICT.
I work a full time job and have to run my son around most days after work. I’m 100 percent willing to put in the time and effort and my goal is to learn to trade enough to cover some basic monthly bills and then hopefully grow from there.
My plan was to start with the ICT YouTube series but I’ve read conflicting opinions. I’m not even sure futures is where I should be but I’m open to suggestions.
Not looking to be spoon fed, just looking for direction to where I should focus my attention and learning. Ultimately I’d like to be able to see setups where I can set limit orders because my schedule doesn’t allow me to babysit the market and day trade.
Any advice or direction is appreciated

I mean ones a more mature asset and been around longer, I'd argue the fact everybody is so sure btc is the better long term move is a bit short sided.
I own both, I DCA to both, I'd be about equally confident buying both currently at these prices I look at them like large/small cap ETFs.
People can downvote me but I'll buy ETH all day below or around 2k and I'll continue slowly DCAing into BTC.

ETH is not a good store of value, the utility does not lead to increased price of the underlying asset.
If you want to make money from Ethereum, build a business on top of it.
If you want to build wealth by acquiring an appreciating asset, that's what Bitcoin is for.

>Ethereum network isn't going anywhere.
So? I agree with you that the *network* isn't going anywhere. That doesn't mean shit for ETH price though because ETH doesn't capture value from network usage. Ethereum can 10x or 100x in network value/transactions in a few years and ETH could still be the same price or lower.

Very weird, wanting to sell BTC and park it in ETH lol
Usually it's the other way around

[Stable.com](http://Stable.com) is my way to go honestly, because that many DEXs actually fits it and most aggregators now do KYC routing so you'll be safer. I have used it because of no gas fee in stablecoins on ETH and DAI chains.

You cannot borrow conviction. Make your own research, convince yourself that the move you are doing is right. I will make you endure downturns and you won't be asking yourself why you even bought in the first place. I did that for both BTC and ETH, and I held since 2017. Don't listen to people online.
I sold my 100 000 LINK for like 10K $ long time ago cause someone on this sub said that they saw the founder on Bahamas and was told the project won't be continued which was obviously a lie. I lacked conviction, don't make the same mistake.

I was all in on ETH and a few years ago I moved 30% to BTC. It is now worth more than my ETH.
I’d diversify at best if trading any BTC for ETH.

I split it up about 10 years ago between ETH and Bitcoin, it was a horrible mistake.

Here ser: [https://www.mtpelerin.com/swap-crypto?wsc=ETH&wdc=BTC](https://www.mtpelerin.com/swap-crypto?wsc=ETH&wdc=BTC)

Keep your BTC ,never swap for ETH !!!

Personally my ETH position outweighs my BTC and I am very much considering making the opposite move right now. On the 3 year long term (my personal horizon where I plan to use some crypto to fund some personal expenses) I think BTC will out perform ETH. All speculation ofc and do plan on keeping eggs in both baskets.