New trends are emerging in the Japanese market, and cryptocurrency ETFs may welcome an approval window in 2028—this expectation seems to cast a stone into a calm lake, with ripples quietly spreading to the global digital asset market. Let’s focus on the next two years: what paths might Bitcoin and Ethereum take?

At present, Bitcoin seems to gradually shed the wild volatility of its early years, beginning to reveal a more stable temperament akin to “digital gold.” The entry of institutional investors, coupled with the potential favorable conditions from ETFs, may lead it to prefer a gradual rise rather than the frenzied surges of the past. But let’s not forget, it is ultimately Bitcoin; when market sentiment comes into play, it might still suddenly accelerate.

As for Ethereum, it resembles a continuously expanding city. DeFi, NFTs, on-chain applications… numerous ecosystems continue to inject vitality into it. If Japan truly opens the ETF floodgates, the influx of funds may prioritize targets with ecological support. It may not run faster than Bitcoin, but it may be more solid.

However, let’s not forget, the market is always more cunning than we imagine. While expectations can certainly boost prices, the twists and turns of implementation, regulatory uncertainties, and even the global macroeconomic climate may suddenly change the trend. You see, 2024 has already taught us one thing: the cryptocurrency market is never short of surprises.

Ultimately, in the span of two years, anything is possible. Perhaps Bitcoin will attempt to challenge its historical highs again, while Ethereum continues to seek price support within its ecological value; or the entire market may enter a prolonged consolidation period. We are speculating, not asserting.

What do you think drives prices more, the expectations of news, or the actual flow of funds?

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Disclaimer: Based on ALLINDOGE AI intelligent analysis.