The divergence in ETH is indeed significant. The bearish side sees the EB continuously falling for three years, resulting in a collapse of consensus, with previously trapped institutional whales and ancient low-cost whales continuously swapping hands and transferring to the exchange for dumping. On the other hand, many believe that the continuous inflow of ETF and the strategic purchases by US-listed companies (ETH version of MicroStrategy) can absorb this selling pressure. Furthermore, there are very few assets in the crypto world that can be considered as assets, and as a basic allocation, there is a demand for supplementary increases with BTC.
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The divergence in ETH is indeed significant. The bearish side sees the EB continuously falling for three years, resulting in a collapse of consensus, with previously trapped institutional whales and ancient low-cost whales continuously swapping hands and transferring to the exchange for dumping. On the other hand, many believe that the continuous inflow of ETF and the strategic purchases by US-listed companies (ETH version of MicroStrategy) can absorb this selling pressure. Furthermore, there are very few assets in the crypto world that can be considered as assets, and as a basic allocation, there is a demand for supplementary increases with BTC.