Mena Theodorou, co-founder of the Australian crypto exchange Coinstash, believes sticking to historical crypto patterns will benefit retail traders despite the growing institutional influence in the market. He emphasizes the importance of an analytical and emotionless approach to trading. Theodorou foresees a cycle where Bitcoin peaks before traders shift their focus to altcoins, predicting a subsequent altseason where memecoins will also gain traction. Signs indicate that Bitcoin may be approaching a local top after hitting $123,100, with a notable drop in dominance. Meanwhile, Ether has seen significant gains, suggesting a capital rotation. Some analysts, like BitMEX co-founder Arthur Hayes, predict a strong Ether bull run, while others assert that Bitcoin's downward risks are minimal, with predictions ranging from Bitcoin reaching $1 million to concerns of a prolonged bear market still lingering. The outlook is mixed, but the potential for significant movement in both Bitcoin and altcoins remains. The piece concludes with a reminder that all trading moves involve risks and the need for thorough research.

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