He advises investors to keep a close watch on Ethereum's price movements and align their investment strategies with their financial objectives.

Ethereum has recently achieved its highest weekly close since November 2021, topping $4,300, indicating strong momentum despite skepticism from Bitcoin proponents.

This surge in Ether's price is attributed to increased institutional demand and innovative strategies in decentralized finance (DeFi), which have positively impacted the total value locked in these platforms.

Samson Mow, a Bitcoin pioneer, suggests that as Ethereum prices rise, investors may switch back to Bitcoin, potentially reversing the recent gains in ETH.

Contrastingly, investor Ted Pillows predicts that Ether will reach a new peak and trigger a mini altseason before capital rotates back into Bitcoin, which he expects to hit around $140,000.

Mow emphasizes the fluid nature of capital allocation in the cryptocurrency market, urging investors to diversify their portfolios and adapt their strategies based on market sentiment.

Despite Ethereum's recent performance, Mow argues that its price increase is driven more by cyclical capital rotation rather than a fundamental shift in value.

Mow also expresses concerns about Ethereum's inflationary economic structure, which could undermine the confidence of long-term holders.

Meanwhile, Bitcoin's market dominance has declined by about 10% since late June, suggesting an ongoing shift of capital towards altcoins like Ethereum.

Mow warns of a potential 'Bagholder’s Dilemma,' where current ETH holders may sell off their assets as prices approach psychological levels, leaving new investors at a loss.

In contrast to Mow's views, Ethereum advocate Anthony Sassano argues that criticisms of Ethereum are outdated and sees the rising ETH prices as a bullish indicator.

Overall, the dynamics between Bitcoin and Ethereum highlight the complex interplay of market sentiment, institutional interest, and investor behavior in the cryptocurrency landscape.