The altcoin market has also recovered, but the exchange rate of ETH to Bitcoin is still decreasing

Today, it has completely fallen below the support level of 0.05. The rebound this time is very weak, and it is very likely to continue to fall. I have mentioned the specific reasons before. First, Bitcoin is on the eve of halving, and it should be much stronger than altcoins. Second, the probability of Ethereum's ETF passing in May has become very low. Even the foundation has begun to write to the SEC, which means that he is very panicked

The combination of these two points has led to the disappearance of the exchange rate support of ETH to BTC. It is difficult for ETH to become stronger in the short term

For other altcoins, although there has been a general rebound, there has been no rise in the sector. Only the newly listed $ena is relatively strong, or $core, which has been CXed and has deviated from the trend of the market, is relatively strong. Other projects are nothing more than the difference of rebounding a little more or less, but the overall difference is not very large.