Ethereum's performance has lagged behind Bitcoin in this cycle, notably when BTC stayed above $100,000 while ETH fell near $2,000.
Recent data suggests a decoupling between Bitcoin and Ethereum in terms of price growth and correlation, breaking their usual strong positive correlation.
The changing dynamic poses challenges for investors who previously relied on ETH following BTC's movements, leading to a need for reevaluating investment strategies.
This divergence signifies Ethereum's increasing independence driven by internal factors like protocol upgrades, regulation, and DeFi, potentially impacting its performance in bull markets.