Based on the current state of Bitcoin,

this wave aims for 100,000 dollars+

Why is Bitcoin rising steadily while the market remains calm, but when Ethereum rises, it creates a frenzy?

Because most retail investors can't afford it, and even if they buy, they are just trading U contracts for short-term gains.

Only large enterprises, institutions, and Wall Street funds are keen on purchasing Bitcoin.

Some retail investors are stuck with worthless altcoins on secondary exchanges and have given up.

Some smart retail investors follow the hot money onto the chain to chase memes, with occasional stories of getting rich quickly, attracting more traffic to engage in PVP on the chain.

This fragmented liquidity, huh?