AnálisisCrypto
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🔄 **Why does #Ethereum follow #Bitcoin ... and sometimes not?** 🧠
Chainbase studied the relationship #ETHvsBTC and this is what I discovered:
In **strong market movements**, ETH usually replicates the direction of BTC (correlation ≈ 0.85‑0.9), because both react to macro sentiment and institutional flows 📈([CME Group][1]).
But when there are **unique events in Ethereum** (such as upgrades, staking, or the rise of DeFi + stablecoins), ETH can **decouple or even surpass** BTC ([Binance][2]).
Moreover, the relationship is not static: after updates like Shanghai/Shapella, the correlation dropped from 0.95 to ~0.82, showing that Ethereum acts more independently ([Investopedia][3]).
✅ **Conclusion**:
1. In massive drops or rises of BTC, ETH follows it.
2. Meanwhile, ETH can take its own path, especially if there are news or improvements in its network.
@chainbasehq what factor do you think will influence ETH the most this month?
🧩 #AnálisisCrypto $BTC $ETH
Chainbase studied the relationship #ETHvsBTC and this is what I discovered:
In **strong market movements**, ETH usually replicates the direction of BTC (correlation ≈ 0.85‑0.9), because both react to macro sentiment and institutional flows 📈([CME Group][1]).
But when there are **unique events in Ethereum** (such as upgrades, staking, or the rise of DeFi + stablecoins), ETH can **decouple or even surpass** BTC ([Binance][2]).
Moreover, the relationship is not static: after updates like Shanghai/Shapella, the correlation dropped from 0.95 to ~0.82, showing that Ethereum acts more independently ([Investopedia][3]).
✅ **Conclusion**:
1. In massive drops or rises of BTC, ETH follows it.
2. Meanwhile, ETH can take its own path, especially if there are news or improvements in its network.
@chainbasehq what factor do you think will influence ETH the most this month?
🧩 #AnálisisCrypto $BTC $ETH
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