In recent days, the data for ETH has indeed been good. Although it has not yet surpassed BTC in terms of overall purchasing power, one can feel the enthusiasm of some investors. It is precisely because of this enthusiasm that the increase in ETH prices is noticeably higher. BlackRock and Grayscale are leading the way in increasing their holdings of ETH.
However, ETH still cannot provide momentum for spot price increases like it did in September. Currently, the pace of ETH resembles that of BTC previously, with selling volumes gradually decreasing and buying volumes gradually increasing. But in the short term, neither BTC nor ETH has reached the stage of explosive growth for traditional investors.
