Currently in the pump relay stage, there is a significant divergence in market views.

However, the trend is not broken, and there is no divergence in the price.

It belongs to the stage where those who are getting in and those who are getting out are mutually calling each other idiots.

If you ask me, ETH can't really be said to have changed hands yet, while BTC can be said to have achieved a change of hands.

The real chip strong divergence area for ETH is at the historical peak of the 4000 level.

At that time, retail investors, web3 institutions, early investors, whales, the Ethereum Foundation, Wall Street, and TradFi will witness significant capital turnover and differences in opinions.

Only by breaking out of the 4000-5000 range can it be considered a successful switch.