Ethereum has finally launched, and then it fell back.
It's like Bitcoin watching its big brother soar, while remaining still, feeling a bit embarrassed, and made a symbolic move.
From the flow of ETF inflows and outflows, it has been continuously flowing out for several days, and this status is expected to continue for a while.
Now the entire stage belongs to Bitcoin, only after the big brother has finished showcasing can it be the turn of the second.
This is the rule of the cryptocurrency world.
Therefore, it’s still the old rule, Ethereum below 3080 is not many entry opportunities, everyone can grasp it themselves.
Ethereum's performance is not good mainly because L2 has diverted too much capital, plus the ecosystem has not produced impressive innovations to attract funds.
However, this situation will completely change once Bitcoin finishes rising, and funds will prioritize choosing Ether.
Regarding Ethereum, there have been many discordant voices in the market.
Although Ethereum seems to be declining now, we must also remember what Ethereum has brought to the cryptocurrency world: smart contracts, NFTs, DeFi, decentralized storage, etc., each one can easily surpass Sol.
It's just that now Sol is too hot, and the market's speculative sentiment is very high, but that doesn't mean it's that impressive.
Thirteen actually has more confidence in Ethereum's performance in this round of bull market.
Investment should be made when no one is paying attention, so that money can be made.