The Future Development of BTC and ETH

BTC is considered a special existence, a "sound currency", but some believe it is just a digital stone that may be replaced by other blockchains in the future. Ethereum, on the other hand, is seen as a tech stock or a growth asset, with the potential to become a unified platform for managing global assets and finance.

Layer 2 Interoperability Challenges

The lack of interoperability standards between Layer 2 solutions in the Ethereum Mainnet has weakened its value capture ability. Each team builds its own standards within its own ecosystem, making it difficult to reach consensus.

The relationship between Layer 2 and Ethereum Mainnet

Layer 2 captures value rather than the ETH mainnet, which is seen as a "parasitic" behavior. But some also believe that Layer 2 creates new economic activities that the ETH mainnet cannot capture.

The Innovation Power of Ethereum

The ETH community currently lacks structural innovation paradigms similar to Decentralized Finance, Non-fungible Token, etc., and needs to promote mass acceptance without violating core principles.

Bitcoin's Layer 2 solution

Bitcoin's Layer 2 solution is difficult to compete with Ethereum or Solana in the long term, and its role and impact are limited.

Valuation Framework for Cryptocurrency

Some argue that Cryptocurrency should be seen as capital assets rather than store of value assets, and their valuation should be based on factors such as cash flow and user demand.

September BTC Trend Prediction

The data shows that the probability of BTC falling in September is relatively high, but not inevitable. The main dumping pressure has been cleared, and there is still room for optimism.

The Impact of WhaleAddress Activity on Bitcoin Price

Recently, a WhaleAddress transferred a large amount of BTC to the exchange, which may have some impact on the price.