Recently, Ethereum's performance has been quite interesting. You see, it has already approached the low point of the 11th, although it hasn't fully broken through yet, but that level is just sitting there. In contrast, Bitcoin’s resilience is much stronger; many people are still watching to see if the critical support at 89,500 can hold.
Comparing the two, Ethereum is indeed relatively weak in the short term, and the entire altcoin sector is following the downward trend. This involves an interesting phenomenon: every time Bitcoin experiences some movement, capital starts to flock towards it, converting Ethereum and other small tokens into safe-haven assets. In simple terms, when Bitcoin drops, Ethereum tends to fall even more sharply.
From a fundamental perspective, the Federal Reserve's rate cut is indeed a long-term bullish signal, but it seems the market hasn't fully reacted yet—whether it should fall or be sold off. In the short term, this trend may continue unless an independent piece of good news breaks the pattern.
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Rugman_Walking
· 12-17 04:47
It doesn't matter whether Bitcoin can hold above 89500; Ethereum is going to experience intense volatility again, and some people will just cut their losses and be done with it.
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This wave is indeed a capital flocking to Bitcoin, with Ethereum being ruthlessly abandoned. Is the rate cut a positive signal? The market hasn't fully digested it yet.
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If the low point on the 11th breaks, Ethereum might drop again. Altcoins are really following the trend too aggressively.
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It's always like this—when Bitcoin sneezes, other coins catch a cold. When will we see independent market movements?
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Now it's just a matter of who can hold on first. Sooner or later, good news will come to rescue the market, or this downward trend will never end.
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MEVHunter_9000
· 12-16 02:23
Bitcoin's turbulence causes Ethereum to get hit; I'm tired of this routine. If can't hold @E5@... never mind, I dare not think about it.
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Even with all the positive news from the Federal Reserve, the market is still falling, which is really absurd.
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Ethereum is indeed weak this wave; it seems there's no hope of bottoming out in the short term.
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It's the same old trick, capital consolidating around Bitcoin. Ethereum is being used as a chip to be cut.
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If the low point on the 11th is to be broken, we still need to wait and see if there are any independent positive signals to save the situation.
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Such weakness in the short term, is anyone really buying the dip?
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It's always like this, Bitcoin drops 5%, and Ethereum feels like it's been cut in half.
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What about the fundamentals? Why hasn't the market woken up yet?
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MEV_Whisperer
· 12-15 19:38
The moat of Bitcoin is so deep that we can only watch helplessly as Ethereum gets cut off.
Ethereum really can't hold up this time; capital only recognizes Bitcoin's approach.
The interest rate cut benefits haven't taken effect yet; keep falling, we're numb.
Is 89,500 really that solid? Feels like it could break at any moment.
Another round of Ethereum being abandoned; I'm tired of this storyline.
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BrokenRugs
· 12-14 05:48
Bitcoin supports the market, and Ethereum will suffer heavy losses—that logic makes sense. Tomorrow won't be an independent positive; it will only be a harsher sell-off.
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potentially_notable
· 12-14 05:43
Bitcoin's support ability is really unmatched, Ethereum is just like a follower, so sad.
If Ethereum drops further, I really should consider bottom fishing or just continue to watch...
Interest rate cuts are a positive factor... the market is still digesting it, can't see any short-term effects.
Capital is flowing into Bitcoin, small coins are really being weeded out.
If 89,500 can't hold, it might get troublesome below, and Ethereum could be finished.
This wave of the market, it feels like waiting for a trigger point, otherwise it will continue to oscillate.
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AirdropHarvester
· 12-14 05:34
Bitcoin's support is ridiculous; a plunge and Ethereum is directly finished... This is truly the fate of retail investors.
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Interest rate cuts as good news? That's a joke; the market hasn't even reacted yet. Right now, it's all about cutting losses.
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If we can't hold @89500@, we all have to run; Ethereum has long since fallen.
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It's always the same, capital flows into Bitcoin, and small coins are doomed to be blood sacrifices.
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If this trend doesn't change in the short term... I think I'll be averaging down until I lose my mind.
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Good news? Not at all. The market is just one word—falling.
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Ethereum is so weak, I really didn't expect it. The downward trend is too fierce.
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Gm_Gn_Merchant
· 12-14 05:28
If Bitcoin can't hold 89,500, don't expect ETH to make any progress. This round of selling-off still needs to continue.
Recently, Ethereum's performance has been quite interesting. You see, it has already approached the low point of the 11th, although it hasn't fully broken through yet, but that level is just sitting there. In contrast, Bitcoin’s resilience is much stronger; many people are still watching to see if the critical support at 89,500 can hold.
Comparing the two, Ethereum is indeed relatively weak in the short term, and the entire altcoin sector is following the downward trend. This involves an interesting phenomenon: every time Bitcoin experiences some movement, capital starts to flock towards it, converting Ethereum and other small tokens into safe-haven assets. In simple terms, when Bitcoin drops, Ethereum tends to fall even more sharply.
From a fundamental perspective, the Federal Reserve's rate cut is indeed a long-term bullish signal, but it seems the market hasn't fully reacted yet—whether it should fall or be sold off. In the short term, this trend may continue unless an independent piece of good news breaks the pattern.