The cryptocurrency market has recently shown some interesting dynamics. Bitcoin's volume has significantly decreased, and market funds seem to prefer Ethereum. Bitcoin is currently facing short-term pressure around 120900, and market participants appear to be watching Ethereum's performance.

At the same time, Ethereum has shown strong performance. Following the release of the CPI data, the price of Ethereum surged significantly, briefly breaking the $4600 mark. Given its proximity to the historical high price, the market generally expects that it is likely to continue rising and directly challenge the all-time high. It is worth noting that at the current price level, a 1% fluctuation means a price change of nearly 50 points, highlighting the market's high sensitivity.

Investors and market observers are closely watching whether Ethereum can break through its historical high. This breakthrough would be an important milestone and could have a profound impact on the entire encryption currency market. However, caution is also needed regarding potential pullbacks, especially after reaching such high levels.

Overall, the current market shows a relatively calm Bitcoin with Ethereum leading the way. This dynamic reflects the rapid change characteristics of the encryption currency market and also reminds investors to remain vigilant and closely monitor market trends.