
Phyrex|Apr 30, 2025 19:33
Looking at the data of BTC earlier, it is not very good anymore. FOMO's sentiment is clearly falling, and the same is true for ETH. Although the investors who bought FOMO a few days ago did not sell, their buying volume is also starting to decline. Today, there is no change in BlackRock's investors, and instead, Fidelity bought nearly 14000 ETH coins.
The current situation of ETH is not very bad. Although the buying volume has started to decrease, there is still no obvious selling, and even the selling volume of gray level is only around 200 coins. Of course, I still hold the same view that the rise of ETH is more due to the rise of BTC price, rather than independent market trend. If BTC falls, it is difficult for ETH to rise independently.
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