The ETH/BTC ratio rose by 30% in three days! Ethereum price once exceeded US$2,600 Introduction

Ethereum (ETH) showed strong upward momentum beyond Bitcoin this week. This morning, after Trump announced significant progress in trade talks with China, ETH once exceeded $2,600, and was now at $2,544 before press time, up nearly 8% in the past 24 hours, rekindling short-term optimism in the market.

Comments that are optimistic about Ethereum's return to Honor appear

Looking at the longer term, Ethereum's growth in the past month exceeded an astonishing 80%.

Analyst @ali_charts believes that ETH's strong breakthrough in key chip areas may indicate the start of a new round of upward trend. Investors are paying close attention to whether ETH can stand firm above the 200-day moving average (EMA is about $2,450).

Compared with Bitcoin, which is mainly positioned as a store of value of "digital gold", Ethereum's unique value lies in its role as a programmable developer platform.

1confirmation founder Nick Tomaino posted a post last night that although Bitcoin’s market value is huge, it faces problems such as increasing centralization and insufficient practical application scenarios for new users.

In contrast, Ethereum is a trusted and neutral Internet native value store and underlying assets, supporting key tracks such as stablecoins, decentralized finance (DeFi), NFTs, forecasting markets and decentralized social networking.

Almost all innovative applications in the crypto industry in the past decade were born in the Ethereum ecosystem. These applications continue to expand their user base and enhance their scarcity through ETH as settlement and collateral assets. "

Is ETH price really starting a new wave of growth? Or is it a short-term short squeeze? More time to observe.

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