Wu Shuo learned that Ki Young Ju, founder and CEO of CryptoQuant, posted on X that the unrealized profit and loss (NUPL) indicator of ETH-BTC has dropped to a four-year low, reflecting that although Ethereum's performance is not as good as BTC, ETH suporte has not yet descartar and realized losses. He pointed out that the future development of Ethereum depends on the income created by stable coins through Web3 applications, but the current ecosystem leverage is high, and its short-term attractiveness is not as good as BTC. The long-term prospects may change as supervision becomes clearer.