ETH reveals the strange

1. From the perspective of natural ecological niches, the first and second places will account for over 80% of the market share. However, Bitcoin is currently far ahead of Ethereum.

Large funds are flowing into BTC, not into Ethereum.

Bitcoin breaks its previous high, SOL is about to break its previous high, and Ethereum is far from its previous high.

Is this phenomenon normal? Personally, I think it’s abnormal.

I believe Bitcoin is normal, but Ethereum is abnormal, and the abnormality of Ethereum is artificially suppressed in the market with so much criticism, neither falling nor rising.

2. Bitcoin has ETF, ETH also has, SOL also has.

Assuming you are an institution, Bitcoin institutions started building positions around 40,000. Would new funds be willing to take 100,000 BTC?

Institutions charge management fees, gold standard/coin standard Ethereum will capture the overflow from BTC funds.

Do you still remember the crazy friction of Bitcoin around 40,000 in the last round? Ethereum’s major players were building positions, not wanting to raise holding costs, so they were hesitating and absorbing the selling pressure.

#Blockchain #web3 #Bitcoin