Mow: BTC-to-ETH Rotation Fuels ETH Rally — Cycle May End Abruptly

I’m relaying Samson Mow, a prominent Bitcoin advocate and CEO of JAN3, who has argued that a repeating trading pattern is driving recent ETH–BTC price action. He claims that early Ethereum investors—many of whom still hold significant Bitcoin reserves—have been converting BTC into ETH to elevate Ethereum’s price, often amplified by hype-driven narratives such as “Ethereum Treasury” campaigns.

According to Mow, this rotation strategy comes to an end when these actors …