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$BTC and $ETH can both rise, but I don't think they need the same type of demand. Bitcoin doesn't need thousands of applications running on top of it to make its basic thesis work. Ethereum is different. The more people use stablecoins, DeFi, tokenized assets and other applications built around Ethereum, the more important network activity becomes. That's why I watch them differently. $BTC → scarcity and monetary properties $ETH → network utility and applications Same market. Very different engines. And that's exactly why comparing their prices alone doesn't tell the full story. #FOMCRateCallThisWeek #CLARITYVoteFails50-49