The Dogecoin traders prefer to follow the trend and align with Bitcoin's movements. When Bitcoin rises, Dogecoin also rises; when Bitcoin falls, Dogecoin will follow suit.
The XRP traders, on the other hand, adopt a counter-trend strategy. When Bitcoin rises, they tend to consolidate; and when Bitcoin falls, they sometimes intentionally push the price up.
Ethereum has historically maintained a high correlation with Bitcoin, but since last year, as public chain technologies like Solana have gradually matured, the correlation between Ethereum and Bitcoin has weakened.
With the gradual maturation of a series of public chains such as Solana, SUI, TON, TRX, APT, and AVAX, Ethereum has lost its former unique advantage. This change is also reflected in the market, where funds that once flowed into Ethereum are gradually attracted to these emerging public chains, leading to Ethereum's market performance no longer being as dazzling.
