Sell Ether immediately to buy Bitcoin!

“Ether is back near the upper limit of its trading range: if you own it, it’s a great time to sell.” With these words, Peter Schiff shook the crypto scene, publicly suggesting to liquidate ETH to buy bitcoin. An unexpected turn for the well-known gold bug, who for years has defined bitcoin as nothing more than “the Dutch tulip mania.”

Who is Peter Schiff and why does his announcement matter?

Peter Schiff is one of the most famous skeptics in the history of cryptocurrencies. With over 1.1 million followers on X (formerly Twitter), he runs one of the most influential accounts among bitcoin critics. Since 2013, the year he declared on CNBC that “bitcoin is no better than a fiat currency,” Schiff has repeatedly attacked the very concept of cryptocurrency as digital gold. But even the toughest opponents are forced to acknowledge the facts: bitcoin has outperformed any traditional asset in the last decade.

Ether è di nuovo vicino all’estremità superiore del suo intervallo di trading. Se ne possiedi qualcuno, questo è un ottimo momento per vendere. Per quanto mi dispiaccia dirlo, vendere Ether e comprare Bitcoin con il ricavato è un trade migliore che tenere Ether.

— Peter Schiff (@PeterSchiff) 21 luglio 2025

So, when a figure like Schiff – who has compared cryptocurrency to a 17th-century speculative bubble – now openly advises to bet on bitcoin at the expense of ether, the signal has the power to influence a good portion of the financial community.

What did Schiff say about Ether and Bitcoin?

Monday, June 24, 2024, through a message shared with his followers on X, Schiff was very clear: “Sell Ether and buy bitcoin with the proceeds.” According to him, ether is in a high price technical zone and it would therefore be the ideal time to take profit. He states without mincing words that, although it is painful to admit, “selling ether and buying bitcoin is a better move than continuing to hold ETH.”

The message comes from those who have always criticized bitcoin and now recognize, albeit provocatively, its dominant role in the crypto sector.

Why does Schiff point the finger at Ether?

Ether (ETH), the native token of Ethereum, has climbed back near the high of its historical trading range according to Schiff. In the past, this level has often represented a short-term peak, thus suggesting a strategic profit-taking. Schiff’s recommendation stems from a technical analysis: he sees less upside for ETH compared to bitcoin, at least in the short term.

Schiff does not convert to a full supporter of bitcoin, but notes the relative strength of the asset compared to its rivals. Therefore, even for those who remain skeptical about cryptocurrencies, bitcoin – for Schiff – seems more solid today than ether.

The “Trump Effect” and the Bitcoin Conference in Las Vegas 2025

The current context sees bitcoin as a protagonist of very strong narratives, such as the so-called “Trump Effect”. Trump, as president, polarized discussions on crypto, bringing global attention to U.S. moves and financial policies. In this climate, the presence of Schiff as an “antagonist” at the Bitcoin Conference 2025 in Las Vegas is symbolic: even radical critics can no longer ignore bitcoin.

At the conference, Schiff did not back down on his reservations, but he was forced to confront a reality that sees bitcoin increasingly central in the global financial dialogue.

What does this move mean for bull and bear investors and crypto markets?

The call of Schiff can have different effects:

• Liquidity shift: if his followers act, we might see flows from ETH to bitcoin.
• Reputational impact: when even the historical detractors bow to the bitcoin momentum, the perception of mainstream investors changes.
• Tactical opportunity: in the short-term perspective, those who have profited from ETH might shift part of the profits to bitcoin to take advantage of different trends and volatility.

As a result, those operating in the crypto markets will need to closely monitor both the volumes and the changes in sentiment in the coming days.

Are there risks, warnings, or signals not to overlook?

Watch out, however, for some elements:

• Schiff remains openly opposed to the crypto “philosophy” and his strategies could be purely technical or short-term.
• This is not an investment recommendation extended to the entire market: volatility remains high.
• The macro conditions and future USA policies under Trump can radically change the scenarios.

No strategy is free from risks: what Schiff said should be read as an operational cue, not as an absolute truth.

How are the users and the community reacting?

Schiff’s post on X has generated numerous comments and viral threads. From memes to technical responses, the reaction of the community has been eclectic. Some accuse him of ideological “flip-flop,” while others see his admission as “the last bullish signal for bitcoin.” The attention remains very high, with numerous Telegram channels and crypto forums picking up and discussing the trend.

What happens now? Perspectives and next moves

Bitcoin returns to the center stage not only for price results but as an asset that breaks the convictions of long-time skeptics. The crisis of confidence in ether, reignited by Schiff, can trigger new trades and defensive strategies. However, everything remains very fluid: between provocative statements and tactical positioning, the future of crypto – and the battle between bitcoin and ether – could experience even more rapid changes in the coming weeks.

The advice? Monitor the reactions of the community, evaluate the technical trends, and prepare for the next market turns. Follow the discussion on X and get ready: “everything can change with a post, an event, or a new conference.”