Currently, many institutions and retail investors are shifting their focus: from BTC to ETH
Reasons: 1. The price of Bitcoin is too high, like a 100 yuan bill, while Ethereum is more like 10 yuan change, making it easier to acquire;
2. $ETH , as a stablecoin and the core vehicle for DeFi, has recently embraced the concept of 'strategic reserves', leading to an increasing number of buyers.
On July 11, many large funds were quietly accumulating, creating scarcity, which naturally has the potential for prices to rise.
ETH also has several strong logics:
1) The stablecoin bill has passed, benefiting the Ethereum ecosystem;
2) BTC is increasingly seen as a store of value asset, with limited room for growth, while ETH takes the lead in price increases;
3) ETH's valuation is still low, at 400 billion compared to BTC's 2 trillion, indicating huge potential;
4) Institutional entry is also more flexible, able to enter and exit, unlike small-cap coins that soar when bought and crash when sold.
If ETH can break through 4000, then the historical high of 4800 is not far away, and the 'marching route' to reach 10000 points is unfolding!
