BTC and ETH Trends Diverge: Crypto Investors Brace for 'The May Effect'

Bitcoin reached new highs while Ethereum failed to break its local high after a correction on 17 April. A 8% divergence between BTC and ETH in late April signals a potential altcoin sell-off in May, with the 'Sell in May and go away' stock market trend possibly impacting cryptocurrencies. ETH outflows from exchanges and ETF inflows highlight mixed investor behavior.