Reasons for Ethereum's surge today: 1. Positive impact from Ethereum's Pudala upgrade 2. FOMO buying as funds enter the market. Before Bitcoin breaks through 100,000, people are unsure if the bull market has arrived. After breaking 100,000, everyone confirms the bull market's return. Those who missed out and were on the sidelines rush in, but they feel Bitcoin's price is too high and not cost-effective anymore, so more people choose to invest in Ethereum, causing ETH to take off.
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