Ether has reached 4,000 again. Compared to the bull market of 2021, what has changed, and what hasn't?

Nothing has changed:

The fundamental nature of the cryptocurrency market, primarily powered by Ether, as the world's most efficient financial market, remains unchanged.

Ether remains the most Turing-complete, decentralized, and attack-resistant chain.

The fundamental nature of decentralized commerce disrupting centralized commerce remains unchanged.

The fundamental nature of cryptocurrencies as a hedge against fiat currencies remains unchanged.

The prospect of the cryptocurrency market exceeding the combined value of the financial derivatives market (over $700 trillion) remains unchanged (while the current total market capitalization is less than $3 trillion).

This time is different:

The consensus among institutional and sophisticated investors driven by Ether-based stablecoins and RWAs is driving Ether's price rise, rather than the retail consensus driven by various scalable tokens and small images in 2021.

This round of innovation is not reminiscent of the DeFi summer of 2021, and there aren't even many pseudo-innovations. Therefore, there's unlikely to be a massive surge in copycats. On the contrary, there are many opportunities to pick up leaks from the wrongly killed cottages. #比特币流动性危机 #下一任美联储主席人选 #美国加征关税 #ETH巨鲸增持 #加密股IPO季 $BTC $ETH $BNB