Key Points
- Two Prime, an SEC-approved investment advisor, is shifting its focus from Ethereum to Bitcoin due to Ethereum’s market instability.
- Bitcoin is experiencing a surge in bullish sentiment and institutional inflows, making it a more attractive investment.
Investment advisor Two Prime has decided to terminate its association with Ethereum (ETH) after six years.
The reason behind this decision is the erratic market behavior and underperformance of Ethereum.
Two Prime’s New Focus
The firm has announced that it will now concentrate solely on Bitcoin (BTC).
This decision comes amidst the rise of bullish sentiment and an influx of institutional investment in Bitcoin, the world’s largest digital currency.
Two Prime, previously the second-largest crypto-backed lender in the market through its Ethereum and Bitcoin lending branch, has characterized Ethereum’s recent behavior as resembling that of a meme coin, with unpredictable price movements and weak investor conviction.
The company’s recent statement highlighted Ethereum’s statistical unpredictability and stated that the risk-reward ratio is unjustifiable at this point, especially with Bitcoin being available as an alternative.
Ethereum’s ratio against Bitcoin has reached a five-year low, indicating the significant decrease in Ethereum’s popularity in 2025.
Bitcoin Experiencing High Buy Pressure
On-chain data shows a rise in the Taker Buy/Sell Ratio on Binance, reaching 1.142, its highest point, indicating strong buying pressure.
Current data from CryptoQuant suggests that the Ratio stands at $0.90, indicating that buyers are not waiting for price dips but are instead driving the price up, further strengthening Bitcoin’s bullish position.
Moreover, since April 22, all Bitcoin whale cohorts, both short-term and long-term holders, have returned to profit.
Younger whales, who bought Bitcoin at an average cost just above $90K, are now seeing gains exceeding 7%, with Bitcoin currently trading at $96,638.
Bitcoin Price Analysis
Technical indicators on the daily chart support the bullish narrative. The RSI is just below the overbought threshold at 69.5, indicating strength while still leaving room for upside.
The MACD remains in a clear bullish crossover, with the blue MACD line accelerating above the orange signal line and histogram bars expanding positively.
Fibonacci retracement levels drawn from the $74,611 low to the $96,055 local high show that Bitcoin has decisively reclaimed the 0.236 level at $90,994 and is now consolidating above this zone.
This strengthens the case for a continuation towards the $100K psychological level and potentially the next major resistance near $108,000.
However, any bearish pullback would likely find support near the 0.382 Fib level at $87,863 or the stronger confluence zone around $85,533 (0.5 Fib).
A break below $80K would invalidate the bullish structure, though current momentum makes that scenario increasingly unlikely.
