Ethereum Surpasses Bitcoin in Long-Term Investor Retention

- According to data from IntoTheBlock, the long-term investor ratio of Ethereum (ETH) has surpassed that of Bitcoin (BTC) throughout 2024. Currently, this ratio for ETH is stable at 75.06%, while BTC is just over 62%.

- Although it has not reached price peaks like Bitcoin, Ethereum still has many important developments such as the approval of spot Ether ETF funds, expected to attract over $50 billion in capital by 2025.

- In terms of technology, the Dencun upgrade makes Ethereum more efficient with lower transaction fees thanks to proto-danksharding, improving user experience on Layer 2.

Bitcoin in Accumulation Zone?

- The Crypto Fear & Greed Index dropped to 65 on December 30, the lowest since October 15, when Bitcoin fell over 12% to $93,000.

- Author James Williams believes that Bitcoin is in an accumulation zone, forecasting a consolidation phase before breaking out, with prices potentially reaching $131,500 in Q1 2025.