ETH is obviously stronger than BTC. There is only one reason for its strength, which is the hype of ETFs.
However, many people will use the trend of BTC ETF as a reference.
Thinking that it will rise unilaterally like BTC.
So many people are placing heavy bets, which leads to heavy vehicles and will not rise unilaterally.
It is more of a shock upward trend, washing and pulling at the same time, at least most of the leverage must be cleared.