๐คฃ Ether's price dropped to a 15-month low against Bitcoin, leaving DeFi fans scratching their heads! ๐ K33 Research suggests rotating back to BTC as ETH ETFs launch with a whimper. ๐คทโโ๏ธ
๐ Optimistic about the market? Share your thoughts in the comments! ๐จ๏ธ
๐ Despite hopes for a boost from futures-based ETH ETFs, trading volumes were just 0.2% of similar BTC ETFs. ๐ Ether's price slid to $1,640, while Bitcoin gained 1.4%. ๐
๐ง K33 Research's Vetle Lunde advises ditching ETH exposure due to lack of compelling narratives and poor momentum. ๐ฌ Meanwhile, Matrixport analysts suggest ETH might be 30-40% overvalued. ๐ฑ
๐ฎ Will BTC continue to outshine ETH? Let's discuss! ๐

