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Matriexport: With the end of the Denchun upgrade, Ethereum's market share index has decreased from 19% to 16%

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2024-04-08 14:50:13
Matrixport stated in an article that we have criticized Ethereum's upgrade strategy before when analyzing the impact of upgrades on ETH prices. With the end of the Denchun upgrade, Ethereum's market share index has decreased from 19% to 16%. We suggest using ETH as a short position (or hedge) for Bitcoin bulls. The market share of Bitcoin remains stable.