I still see a lot of people coming into crypto looking for the next x10, even though the fundamentals remain unclear.

Not a magic course. Just a return to fundamentals.

Bitcoin is first and foremost a decentralized network. Not a company, not a product. Its supply is limited (21 million), its operation relies on proof of work, and its value comes mainly from collective trust and its use as a store of value. Bitcoin ETFs have simply made this asset accessible to traditional investors through regulated vehicles. When money flows into these ETFs, it supports the price, but it doesn’t change what Bitcoin is.

Altcoins are different. They’re projects built on other blockchains (Ethereum, Solana, etc.) with varied use cases: smart contracts, DeFi, infrastructure… Their value depends much more on real adoption, the team, and the market cycle. When Bitcoin stabilizes or bounces, money tends to rotate toward alts. That’s what’s called a rotation. It can be fast, but it’s often still fragile.

And what about the Fed in all this? Interest-rate decisions directly influence global liquidity. When the Fed keeps rates high, “expensive” money weighs on risk assets—including crypto. A simple change in tone or expectations about rates can trigger a rebound. This is often what people call a relief rally: sellers stop, flows come back a bit, but the macro backdrop hasn’t necessarily shifted yet.

The current move looks a lot like that. Flows returning to Bitcoin ETFs, rotation into alts… but not yet a clear signal of a durable recovery.

I’d rather start from these foundations. Understand first. Act later.

If you’re just getting started or you simply want to set the record straight, we begin here.