Bitcoin transaction fees surpass Ethereum, what signal does it send?
The bull market will inevitably be started by Ethereum. Because Ethereum is the true representative of blockchain technology, and the pie is just a totem.
However, recently, Bitcoin handling fees have been hyped up under the craze of Inscription, and they have surpassed Ethereum. This signal is not good.
This means that the real bull market has been delayed or even slowed down.
The valuation of the big pie has basically reached a high level, and it is unlikely to break the previous high in the short term.
How to protect the interests of miners? The skyrocketing inscriptions have caused the handling fees to skyrocket, and the miners are very happy.
However, for the vast number of novices in the currency circle, they cannot share the profits of miners and can only wait sideways.
In other words, a big gray rhino crash may happen at any time.
Only when prosperity is gone can there be real value. Expect Bitcoin to surpass its previous high after its plunge.
It's been a long wait.