Many people ignore a reality: after the same round of upswing ends, the rinse-and-shake logic for BTC and ETH is completely different.
$BTC holds a large amount of long-dormant capital; after a big surge, large players are more likely to choose to hold and wait, and they won’t dump in large batches. Pullbacks are more driven by liquidation shocks from leverage in the derivatives market, so the downward pace is relatively mild. ETH chips have much higher liquidity. After a wave of sharp rally, profit-taking positions from swings and floating chips freed up by staked-asset unlocks will cluster and escape. Even if the broader market hasn’t clearly turned worse, $ETH will still produce an independent pullback.

This is exactly what makes the high-range stage so tormenting: the broader market looks fairly stable, but the ETH drawdown on your hands is worse than expected. Don’t simply use BTC’s relative resilience to judge ETH’s support strength. In a high-level choppy market, ETH’s support is even more fragile. When trading with leverage, you must treat the two coins differently in terms of position sizing and stop-loss criteria—don’t use the same parameters for everything #美国财政部将回购上限翻倍至40亿美元