ETH is not only the second largest currency in the crypto market but also the cornerstone of the "altcoin ecosystem". Many DeFi, NFT, and emerging Layer 2 solutions are built on the Ethereum network or related chains.

When funds favor ETH, it often indicates increased confidence in the Ethereum ecosystem, which is also one of the key prerequisites for the activity of altcoins.

Although BTC is in adjustment, funds have not withdrawn on a large scale and are still looking for opportunities. In this situation, as long as BTC can stabilize, even if it remains flat and does not fall, active funds may turn to more flexible altcoins—after all, funds always need a place to go. $ETH #山寨季何时到来？