Ethereum's market is solo, Bitcoin decouples without warning, is the altcoin season arriving as scheduled?
The Ethereum Foundation has announced the launch of a trillion-dollar security plan aimed at comprehensively enhancing the security of the Ethereum ecosystem across multiple levels, including user experience, wallets, smart contracts, infrastructure, and consensus protocols.
The project will advance through three main directions: full-stack security risk assessment, targeted area improvements, and more transparent information dissemination. The goal is to enable users to manage assets securely on-chain while supporting institutions and governments in hosting trillion-dollar-level values on Ethereum. The project is led by foundation members Fredrik Svantes and Josh Stark.
The Ethereum Pectra upgrade is an important protocol upgrade set to go live in 2025, combining two major upgrade components: Prague (execution layer) and Electra (consensus layer). This upgrade has also sparked a bullish surge for Ether.
With Ether's astonishing rebound, the market is anticipating a larger 'black swan' event, namely the decline of Bitcoin's dominance, leading more funds to flow into small and medium-sized altcoins, creating a new round of altcoin season.
ETH has risen to 2700; why hasn't Bitcoin broken through 110,000?
Under macro uncertainty, a large amount of funds has flowed into Bitcoin ETFs, and this situation is now reversing.
This is not good news for BTC, while US stocks have become more attractive. It is expected that BTC will peak at 106,000, then experience an adjustment before truly pushing towards a historical new high.
From the current trend, Ether is still highly correlated with Bitcoin and is similarly affected by macro and economic factors, but compared to Bitcoin and US stocks, it is more influenced by liquidity. Ether still lacks an independent narrative to break out into an independent market.
