Greeks.Live: Ethereum Weakens Significantly Relative to Bitcoin, Market Shows Divergence

BlockBeats News, September 2 – Greeks.Live released its daily market briefing, stating that the market overall is relatively disappointed with Ethereum's performance, observing that Ethereum has weakened significantly relative to Bitcoin. Traders have generally shifted to favoring Bitcoin allocations, leading to a market divergence where Bitcoin rises alone while mainstream coins mostly decline. The market also observed a whale purchase of 260,000 ETH, with intense long-short battles around the $4,400 level.