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Shenchao TechFlow news, on July 3rd, Bitmine Chairman Tom Lee forwarded Bitmine's view that the ETH/BTC price ratio is a key indicator to watch in the second half of 2026, and it is expected to continue rising throughout 2026. Bitmine stated that the growth of stablecoins, tokenization, and new Ethereum spin-off projects is beneficial to the rise of the ETH/BTC ratio; the macro environment may also be generally more favorable, including the easing of inflationary pressures due to falling oil prices, the narrative that crypto is still the downstream of AI, and the fact that the Clarity Act is still advancing while GENIUS remains alive. Tom Lee said that ETH's "monetary narrative" may gain more attention.