The data for ETH has been pretty good these past few days. Although its overall purchasing power hasn’t surpassed BTC yet, you can feel the enthusiasm from some investors. It’s exactly this kind of enthusiasm that makes it clear the price increase for ETH could be higher. BlackRock and Grayscale are leading the way in increasing their holdings of ETH. However, ETH can’t yet provide the same momentum for spot price increases as it did in September. Right now, ETH’s trend is more like BTC’s earlier pattern, with selling volume gradually decreasing and buying volume steadily increasing. But in the short term, neither BTC nor ETH has reached the breakout stage for traditional investors. Bitget VIP, lower fees, crazier perks!