Recently, OTC Trading and market makers find ETH more appealing than BTC:

1. Institutions and large holders prefer ETH
ETH is not just digital money; it can also run various smart contracts, DeFi, RWA, and even NFT and AI projects.
Large holders buy ETH not only for price appreciation but also to stake and earn interest, which is much more cost-effective than simply holding BTC.
2. Higher trading activity
Market makers prefer coins with high liquidity. The trading of ETH against USDT and USDC is more active than that of BTC, making buying and selling more convenient.
This means that large buy orders are easier to digest, and prices are more easily pushed up.
3. The possibility of outperforming BTC
BTC is like digital gold, with its price mainly driven by consensus and macro factors; while ETH, in addition to its price increase, is also supported by ecosystem development and capital demand.
As long as the ETH ecosystem continues to develop, outperforming BTC in the short-term or even medium-term is not a dream. #加密市场反弹# #美联储7月会议纪要#