Ethereum Breaks Strong Pressure, Next Target is Historical New High
August 10, 2025 Market Analysis
First, let's talk about the market capitalization situation of the sectors. In the strong surge of Ethereum, one key indicator we must pay attention to is BTC's market share. The latest data shows that BTC.D has dropped to around 60%, a decline of 6 points from its peak. Looking solely at this indicator, I believe the current market is not yet at its peak. On one hand, the drop is limited, not even 10 points; on the other hand, in absolute terms, based on historical data, a drop below 40% is a signal of extreme danger for the market. Considering the increased maturity of the market, we can wait until it drops to 50% before starting to significantly reduce our positions.