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Greeks.Live: Ethereum Weakens Significantly Relative to Bitcoin, Market Shows Divergence

律动BlockBeats
律动BlockBeats|Sep 02, 2025 12:37
BlockBeats News, September 2 – Greeks.Live released its daily market briefing, stating that the market overall is relatively disappointed with Ethereum's performance, observing that Ethereum has weakened significantly relative to Bitcoin. Traders have generally shifted to favoring Bitcoin allocations, leading to a market divergence where Bitcoin rises alone while mainstream coins mostly decline. The market also observed a whale purchase of 260,000 ETH, with intense long-short battles around the $4,400 level.
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Timeline

Oct 02, 12:27Bitcoin just broke through $119k
Oct 02, 12:23The purchase volume of Bitcoin ETFs is more than twice the mining volume.
Oct 02, 12:14Bitcoin surged at the opening of the U.S. stock market.
Oct 02, 12:09The total trading volume of decentralized perpetual contracts has surpassed $1 trillion per month for the first time.
Oct 02, 11:56Citigroup predicts that the price of Bitcoin will surge by 50% within the next 12 months.
Oct 02, 11:48Citibank predicts that Bitcoin's price will surge by 50% within the next 12 months.
Oct 02, 11:43Citibank Raises Bitcoin and Ethereum Targets
Oct 02, 11:23A new round of Bitcoin's rally is about to begin
Oct 02, 10:53Bitcoin has already surpassed the historical high AVWAP.
Oct 02, 10:52The market is very fomo, charity and unemployment break even.

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