In this round, altcoins are taking off, especially in the gaming and AI sectors, while people seem to have forgotten about Ethereum. I'm sure many feel that Ethereum is oversold and needs to catch up, so they are holding Ethereum (ETH). However, in this round, funds are pushing up altcoins, thus abandoning Ethereum. Raising Ethereum requires more significant funds, so the money is choosing altcoins. Is it because Ethereum's vehicle is too heavy or due to Ethereum's unlimited issuance that funds have given up on Ethereum? The answer will be revealed in the performance of Ethereum after the Prague upgrade on May 7th!
Ethereum: Major Changes Coming Soon? Why Strategic Buyers are Buying ETH
As the cryptocurrency market continues to struggle with investor sentiment volatility, Ethereum (ETH) seems to be undergoing significant changes behind the price curtain. While the headlines mainly revolve around the decline of DeFi and short-term price fluctuations, on-chain data paints a completely different picture: a strategic accumulation phase by experienced investors.