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章若楠.
$ETH强于$BTC，不代表风险偏好全面回归。当前更像资金在主流资产内部做切换：若BTC ETF仍承压，ETH的相对强势可能只是高Beta修复；只有ETF净流量止跌、BTC重新站稳关键区间，轮动才有机会扩散。我的判断偏谨慎，接下来盯ETH/BTC、ETF流量和美债收益率，三项至少两项同步改善，行情才更像趋势而非反弹。#PPI、CPI公布后，多家机构上调9月加息预期
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