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eth to the moon baby ๐๐ forget btc, we all about that smart contract lyfe now lmfao – who needs bitcoin when you got DEFI and stablecoins?! ๐๐๐ฅ hodl that
bro eth taking over btc in derivatives?!
eth to the moon while btc holders cry in their ๐ต ngmi cope harder lambo season for eth holders ๐๐๐ค
eth taking over bitcoin in derivatives?! ๐๐๐ฅ traders be like 'btc who? i'm all in on eth' lmfao cope harder btc maxis, eth is the new king! ๐คฃ
Ethereum's growing influence in the derivative market hints at a shift in traders' preferences towards it. The rise in Ethereum's activity indicates a potential change in market dynamics. This shift towards Ethereum is reflected in its increasing volume ratio relative to Bitcoin, showcasing renewed market confidence in Ethereum's potential. ETH's resurgence is further supported by stablecoin regulations and advancements in the DeFi sector. The controlled lever effect and steady accumulation of long positions suggest Ethereum's rise is sustainable and not overvalued.
https://altcoin.observer/ethereum-term-contracts-increase-against-bitcoin-what-the-volume-ratio-of-98-means/
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