Bitcoin (BTC) I commonly referred to as the king crypto due to its historical significant, Windstream adoption and highest market capitalization, however, ethereum ( ETH) holds its own importance with its smart contract functionality and support for decentralized applications.
Exactly, Bitcoin is the king of cryptocurrency, this is not only the first cryptocurrency, but also the king of crypto.
meanwhile, Ethereum is still below Bitcoin. But if we are talking about altcoins, probably, Ethereum may be considered as the king of Altcoins. But this is also competing with BNB and also Solana, that sometimes will probably take over the position. although this will also be so difficult to do.
...But if it doesn't go up now, we definitely expect the price of Ethereum to go up there when the next bull market starts. Because Ethereum Spot ETF is supposed to be approved in May if Ethereum ETF is approved in May the price can go up to $10000.
ETH ETF is still on progress and we still don't know if this will be approved or not. Or probably they will need more times or era to approve this ETF. For, approving BTC ETF itself is also not easy at that time, this needs certain long progress until approved. But well, even if this ETH is approved, I still don't think that ETH will take over Bitcoin as the king of crypto.