Why is ETH getting weaker after the Cancun upgrade?
Is it really because Vitalik used Ethereum to pick up female stars?
Reasons for ETH's weak performance in the recent market and analysis of future investment opportunities
1. Reasons for ETH's weak performance
Influence of capital factions:
. Judging from the background of institutions currently applying for BTC ETF, it is mainly Jewish capital that is at work. Institutions such as BlackRock are gradually absorbing Grayscale's chips, resulting in a large-scale sell-off of Grayscale.
. The direct impact of this change of dealers on ETH is that ETH's background has little to do with Jewish capital. Due to the origin of its founder Vitalik, ETH is more Slavic than Jewish. Therefore, in the market environment dominated by Jewish capital, ETH is suppressed to a certain extent.
. Differences in market driving forces
Projects driven by Jewish capital, such as Sol, have performed well in this round of market, while ETH appears relatively weak. This difference in capital driving force is also an important reason for ETH's poor performance
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