Why is the market so bullish today? ? ?
Because rumors about Ethereum ETFs caused its price to skyrocket and pulled up the market.
Previously, the price of Ethereum had been lagging behind Bitcoin. The good news of ETF rumors stimulated the rise of Ethereum, causing investors to exchange their Bitcoin for Ethereum. As a result, the price of Bitcoin fell instead.
However, Bitcoin is the leader of the market after all. The short-term decline will reach a supply and demand balance point, and then the upward trend will start.
