Referring to the exchange rate of ETH/BTC in the first two rounds, it usually needs to be above 0.08, and the defense line is 0.55. The current exchange rate is hovering around 0.35. A signal worth noting is that the exchange rate trend this week has a tendency to break through the downward channel. Once the breakthrough is confirmed to be effective, ETH will turn from rebound to counterattack, and it is worth looking forward to regaining lost ground.
As ETH turns from weak to strong, the strong tracks of the Ethereum ecosystem such as L2, defi, GameFi, etc. will surely usher in new opportunities. Among them, representative projects ARB, OP, ZK, IMX, COMP, etc. are all worthy of attention.