Despite a market-wide sell-off impacting altcoins, Bitcoin and Ethereum have demonstrated remarkable resilience. As crypto markets undergo significant volatility, DeFiance Capital researcher Kyle points out similarities to the FTX and Celsius collapses, highlighting Bitcoin and Ethereum’s continued stability amidst severe price drops in other assets. This trend suggests that strategic asset selection is crucial for future market recovery. Ethereum ETF outflows near $900 million highlight a shift in investor strategy, signaling growing interest in established cryptocurrencies like Bitcoin and Ethereum. Experts like Arthur Hayes are emphasizing the long-term relevance of Bitcoin and Ethereum as core investments during these turbulent times. Kyle’s analysis indicates that extreme panic has subsided, with the market preparing for a bottoming out phase. However, he warns that choosing the right assets at this juncture is critical, as many projects may fail to recover.