According to online reports, according to QCP Asia's latest market analysis report, Ethereum prices have risen strongly, approaching the US$4000 mark, setting a new high since December last year. Cash ETH ETF inflows have exceeded Bitcoin for seven consecutive days, and its market value is only one-fifth of Bitcoin's, making it more sensitive to institutional funds. At the same time, Bitcoin has shown significant resilience. Although long-term holders sold 80,000 bitcoins last Friday, the market continued to absorb rapidly and traders quickly bought back. Bitcoin's market dominance has stabilized at around 60%, indicating that investors 'confidence in it as a value store asset has not diminished, while providing market share growth space for mainstream currencies such as Ethereum. The market is crowded for short-term positions, with open interest in perpetual contracts in Bitcoin and Ethereum reaching one-year highs of US$45 billion and US$28 billion respectively, and funding rates exceeding 15%. Options market liquidity shows that traders expect possible profit-taking in the $4000 Ethereum and $120,000 Bitcoin areas, but institutional investors may continue to buy pullbacks.