That is a fair response Ethereum and others have been trying to unseat Bitcoin Imo, Bitcoin will stay #1, but we shall wait and see...
I like Eth but it's a different use-case, imo Eth has Lindy effect having survived its first cycle with all the other smart contract platforms that tried and failed to overtake it, Sol, Avax, Xtz, Bnb, Ftm and even Luna (lol)
MSFT is down a greater percentage (-4.02%) today than BTC (-3.56%). Is it going to ... 10,000 pennies a share lol?
I've been saying $10k for quite a long time but have been astonished at the resistance at $19k. Its unexpected and I'm being proven wrong bit by bit.
This morning the Bank of Canada increased prime interest rate by 100 basis points. And yet, Ethereum is still over $1K us. Decided to buy a tiny bit with left over dividends in my retirement account, and will sit back accumulating more checks from work while I sit on a tiny pile of cash. I have no doubts the bears here will let me know when/if any next-level-down move happens.