Compared to BTC, the data for ETH is worse. First, looking at the trading volume data, there has been a noticeable decline. Although the trading volume for BTC has not improved in the past six months, it has remained at an average level, providing some assurance of purchasing power stability. However, the trading volume for ETH has clearly entered a cliff-like decline since August, and it is now even lower, giving the impression that investors' interest in ETH has returned to previous levels.
Moreover, from the data of the primary and secondary markets of the most powerful spot ETFs, over 200,000 ETH have net flowed out in the past week, while in the previous week, the data showed a net inflow of over 140,000 ETH. Furthermore, from the data of the secondary market, although the Trading Volume has not decreased significantly, it is still in a state of decline, which indicates a lack of investor confidence. #BTC
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Compared to BTC, the data for ETH is worse. First, looking at the trading volume data, there has been a noticeable decline. Although the trading volume for BTC has not improved in the past six months, it has remained at an average level, providing some assurance of purchasing power stability. However, the trading volume for ETH has clearly entered a cliff-like decline since August, and it is now even lower, giving the impression that investors' interest in ETH has returned to previous levels.
Moreover, from the data of the primary and secondary markets of the most powerful spot ETFs, over 200,000 ETH have net flowed out in the past week, while in the previous week, the data showed a net inflow of over 140,000 ETH. Furthermore, from the data of the secondary market, although the Trading Volume has not decreased significantly, it is still in a state of decline, which indicates a lack of investor confidence. #BTC