QCP报告显示，以太坊随着比特币合并而获得地面

根据QCP Capital的最新市场更新，比特币（BTC）和以太坊（ETH）分别稳定在103,000美元左右和2,400美元，此后短暂回调。

Crypto traders are shifting focus to Ethereum (ETH) and select high-potential altcoins, anticipating leadership in the next bullish wave, while Bitcoin (BTC) encountered resistance and pulled back slightly, according to QCP Capital's latest report.

根据QCP Capital的最新报告，加密交易者正在将重点转移到以太坊（ETH）并选择高潜力的山寨币，预计下一个看涨浪潮中的领导能力，而比特币（BTC）遇到了抵抗并稍微退缩。

After a strong run-up, BTC encountered resistance at around $103,000, leading to a minor pullback. However, the flagship cryptocurrency quickly recovered, stabilizing in the $102,000 range. Meanwhile, ETH encountered resistance at around $2,400, leading to a steeper pullback.

经过强劲的升级后，BTC遇到了约103,000美元左右的阻力，导致了小撤退。但是，旗舰加密货币迅速​​恢复，稳定在102,000美元的范围内。同时，ETH遇到了2400美元左右的阻力，导致陡峭的回调。

Nevertheless, Ethereum is showing relative strength, having pulled back less and recovering faster. This strength is attributed to growing demand for ETH options and enthusiasm around the Pectra upgrade, which saw successful execution.

然而，以太坊表现出相对的力量，降低了后退并更快地恢复。这种优势归因于对ETH选择的需求不断增长，并且围绕Pectra升级的热情，这成功执行了。

As Bitcoin drops below 63% dominance, capital is shifting into altcoins, with Ethereum expected to be the primary beneficiary in the near term.

随着比特币的优势下降到63％以下，资本正在转移到山寨币，预计以太坊将在短期内成为主要受益人。

Moreover, overall market volatility is cooling, as Bitcoin's short-term implied volatility (IV) fell more than five points. Similarly, the CBOE Volatility Index (VIX) declined to 18, signaling rising investor confidence.

此外，由于比特币的短期隐含波动率（IV）下降了5分，因此总体市场波动正在冷却。同样，CBOE波动率指数（VIX）下降至18，这表明投资者的信心增加了。

“The relative strength of ETH, combined with increasing options demand and the successful Pectra upgrade, sets the stage for Ethereum to become a core allocation asset in the next phase of the market cycle,” QCP added.

QCP补充说：“ ETH的相对强度，加上不断增长的选择需求和成功的Pectra升级，为以太坊奠定了阶段，使以太坊成为在市场周期的下一个阶段中成为核心分配资产。”

The report further highlighted a more favorable macro backdrop, with easing geopolitical tensions and improving global liquidity, both of which are creating tailwinds for risk assets like cryptocurrencies.

该报告进一步强调了更有利的宏观背景，缓解了地缘政治紧张局势并提高了全球流动性，这两者都在为加密货币（例如加密货币）造成风风。

As Bitcoin consolidates and its market share shrinks, traders and investors are shifting focus to Ethereum and select high-potential altcoins, anticipating leadership in the next bullish wave.

随着比特币合并及其市场份额的缩水，贸易商和投资者正在将重点转移到以太坊，并选择了高潜力的山寨币，这将在下一个看涨浪潮中的领导能力。