Part 4/15:
Unstaking activity on Pith has skyrocketed, with $73 million leaving positions in just one day, signaling fear and uncertainty among investors. Such unlocks tend to generate sharp declines, reinforcing the tenuous state of the market and highlighting the importance of understanding token unlock schedules.
Ethereum vs. Bitcoin: The Struggle for Market Supremacy
The ETH/BTC ratio has plunged by 30% year-over-year, hitting 0.46, a level unseen since April 2021. This indicates Ethereum’s ongoing struggle to challenge Bitcoin's market dominance, compounded by competition from what are popularly termed "ETH killers"—alternative smart contract platforms attempting to usurp Ethereum’s position.