Looking at the recent price movements of cryptocurrencies, Bitcoin indeed has been very aggressive—since the CPI announcement that day, it has been on a steady upward trend, rising nearly 8000 points, which is quite a robust pace. In comparison, Ethereum seems a bit weaker, only gaining about 280 points during the same period, indicating a relatively weaker performance.
According to historical patterns, a 1000-point increase in Bitcoin usually corresponds to about a 40-point rise in Ethereum. Based on this, Ethereum's performance appears even less impressive. It has attempted to break through the 3400 level several times but has not succeeded, showing some resistance.
The market is like this—sometimes the distinction between the main character and the supporting roles is very clear. When Bitcoin is strong, Ethereum doesn't always keep up with the rhythm. In this kind of market, it's important to observe and think more, rather than blindly follow the trend.
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Looking at the recent price movements of cryptocurrencies, Bitcoin indeed has been very aggressive—since the CPI announcement that day, it has been on a steady upward trend, rising nearly 8000 points, which is quite a robust pace. In comparison, Ethereum seems a bit weaker, only gaining about 280 points during the same period, indicating a relatively weaker performance.
According to historical patterns, a 1000-point increase in Bitcoin usually corresponds to about a 40-point rise in Ethereum. Based on this, Ethereum's performance appears even less impressive. It has attempted to break through the 3400 level several times but has not succeeded, showing some resistance.
The market is like this—sometimes the distinction between the main character and the supporting roles is very clear. When Bitcoin is strong, Ethereum doesn't always keep up with the rhythm. In this kind of market, it's important to observe and think more, rather than blindly follow the trend.