Market conditions, Bitcoin's recent all-time high has caused a rush of short positions to flee. Such intense volatility may require Bitcoin to take a breather for a while, which undoubtedly gives Ethereum an opportunity to shine.

On the other hand, the trend of ETH/BTC has started to show strength, with funds flowing from Bitcoin to Ethereum for two consecutive days, indicating a notable trend. The net inflow into Ethereum ETFs has exceeded 50 million for two consecutive days, seemingly setting a new short-term high, and the market has indeed improved.

After the announcement of the Federal Reserve's interest rate cut, Bitcoin saw a surge in the early hours, reaching a high of $76,850 before pulling back; meanwhile, the Nasdaq, S&P 500, and Dow Jones also hit new highs, though the Dow closed with a 'doji' candlestick, indicating some caution in the market.

The US dollar index anticipates a rebound in gold prices. Although this interest rate cut brings short-term benefits, the future magnitude of rate cuts will be limited, and this wave of good news may just be a brief sweet spot, with potential stabilization or fluctuations in the medium term.

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