Bitcoin is going crazy, why is Ethereum lagging behind?
Bitcoin has recently been like a rocket, directly jumping to the 110,000 US dollar mark! This surge was driven by institutions. Look at that Strategy, it bought more than 7,000 bitcoins at once, and BlackRock's IBIT fund has been net buying for 20 consecutive days, with a scale of 65 billion. Why are institutions so crazy? Regulatory policies have been relaxed! The newly appointed SEC Chairman Paul Atkins has reassured the market, and the expectation of interest rate cuts from the Federal Reserve has also increased. It is difficult for Bitcoin not to rise! From a technical point of view, after breaking through 107,000, this upward channel is like a cheat. 110,000? This is just the beginning!
On the other hand, Ethereum has been like a wilted eggplant recently. Why? All the money has been sucked away by Bitcoin! Institutional funds are rushing into Bitcoin ETFs, and Ethereum ETFs have only attracted more than 40 million, not even a fraction. The activity on the chain is also lagging. Bitcoin has 920,000 addresses, while Ethereum is deserted.
Don't panic! Ethereum is not without opportunities. First, if the upgrade on May 25 can be successful, the network performance will be improved, which may attract capital inflows. Second, the ETH/BTC exchange rate has fallen so much, institutions must come to buy the bottom? BlackRock has bought 3 billion ecological assets, just waiting for the wind to come! Third, if the Federal Reserve really cuts interest rates in June, risky assets will rise, and Ethereum may be able to take over Bitcoin and become the leader again!
For those who want to buy the bottom, $2,400-2,500 is a strong support level. If it can stand firm at $2,600, it will directly reach $3,000! Long-term players, quickly lay out the leading Ethereum ecosystem, such as AI, RWA and other tracks!
Don't look at the current rise, there are many risks! Regulatory policies change at any time, geopolitical conflicts can be fought at any time, and ETF funds can be stopped at any time. So, take it easy, don't put all your eggs in one basket, and don't blindly chase high prices!
The crypto market is like a seesaw now, with Bitcoin going crazy and Ethereum wilting. But historical experience tells us that after Bitcoin rises, funds will always overflow. Ethereum is now ready to go, it depends on whether it can seize the opportunity! The future is promising!
Opportunities and risks coexist in the cryptocurrency circle, so staying vigilant and finding the right time is the key. I also found a short-term skyrocketing project with huge potential for doubling!Like, comment and share for free!
