The rise in BTC prices has naturally driven up the price of $ETH. Although the increase in ETH has been criticized by investors, the price rise is indeed real. Just as many investors believe that a bull market is returning when buying $BTC, the recently larger increase in ETH will naturally attract attention. After 32 working days, the ETH spot ETF has finally shown a net increase of over 6,000 units in a single day.

It is indeed not easy, but compared to BTC, it is more difficult for ETH to establish an independent narrative. Of course, with the trust in the SEC chairman's sworn-in, the staking of the ETH spot ETF can be anticipated, but it is hard to fundamentally reverse ETH's current disadvantages. At present, during this period of low liquidity, ETH still tends to follow the fluctuations of BTC.

The data has been updated, address: https://docs.google.com/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit?usp=sharing

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