Mai nazarin sarkar CryptoQuant ya gano wani babban bambanci a yadda Bitcoin da Ethereum ke farfadowa a shekarar 2026. Tashin Bitcoin yana faruwa ne ta hanyar siyan tsayayyen tsari na manyan masu saka hannun jari na ainihin tsabar kudi, yayin da kwanciyar hankalin Ethereum ya fi fitowa daga raguwar matsin sayarwa fiye da ainihin sabon buƙatu. Wannan bambanci na iya haifar da babban tasiri ga inda kasuwa za ta dosa gaba.
Duban bayanan sarkar da musayar daga Afrilu da farkon Mayu 2026, CryptoQuant ta gano cewa Bitcoin da Ethereum suna aiki a ƙarƙashin yanayin buƙatu daban-daban. Farfadowar Bitcoin tana samun ƙarfafa ne ta hanyar siyan ainihin wuri—masu saka hannun jari suna siyan BTC kuma suna motsa shi daga musayar zuwa ajiya na dogon lokaci. Wannan yana rage wadatar da ake samu don siyarwa kuma yana haifar da matsin hauhawar farashi ta halitta, ko da lokacin ciniki ya yi ƙasa. Kwanciyar hankalin Ethereum, a gefe guda, ya fi fitowa daga masu siyarwa suna ja da baya fiye da masu siye suna shiga.
Bitcoin vs. Ethereum: Bambance-bambancen Wuri da Leverage
Wannan bambanci yana da mahimmanci fiye da yadda ake iya gani da farko. Lokacin da buƙatu ta zo ta hanyar spot ETFs ko siyan kai tsaye, tsabar kudi suna barin kayayyakin musayar kuma ana fitar da su daga kasuwa. Amma lokacin da buƙatu ta fi dogaro da futures da kwangiloli na dindindin, tsabar kudi suna zama a musayar, kuma ana iya rufe matsayi da sauri—suna dawo da wadata kuma suna ƙara hauhawar farashi lokacin da yanayi ya canza.
Bayanan CryptoQuant sun nuna gibin manyan masu saka hannun jari tsakanin kadarorin biyu. A ranar 4 ga Mayu kaɗai, US spot Bitcoin ETFs sun ga $532 miliyan a cikin shigowar net, bisa ga binciken kamfanin, da $2.44 biliyan a cikin cikakken watan Afrilu—mafi girman siyan manyan masu saka hannun jari a kusan watanni takwas. US spot Ethereum ETFs sun rubuta $61.29 miliyan a cikin shigowar net a wannan rana, wanda ke da kyau, amma girman da daidaiton kwararar manyan masu saka hannun jari na ETH bai dace da na Bitcoin ba, kamar yadda Bitcoin.com News ta ruwaito.
Farashin Bitcoin yana bin hauhawar hannun jarin asusun, yayin da farashin Ethereum ya kasance a makale saboda ƙarancin sha'awar manyan masu saka hannun jari.
Source: CryptoQuant
Abin da Zai Bukata don ETH ta Kama
Babban binciken CryptoQuant ya nuna wani ma'auni bayyananne: Mamayar Bitcoin—kason BTC na jimlar darajar kasuwar crypto, wanda a yanzu ya fi 60%—yana da yuwuwar ya kasance mai girma har sai Ethereum ta nuna irin siyan wuri mai dorewa wanda ya taimaka farfadowar Bitcoin. Idan ETH ta ƙarshe ta yi kama da tsarin buƙatun wuri na BTC, binciken kamfanin ya nuna cewa hauhawar altcoin mai faɗi na iya biyo baya, yayin da jari ke motsawa daga Bitcoin zuwa kasuwa mai faɗi. Har sai wannan canji ya faru, yanayin yanzu game da tattara jari ne, ba farfadowa mai faɗi ba—wani abu da masu lura da sashen crypto suke kallo sosai yayin da kwata na biyu ya fara.
A yanzu, Bitcoin yana ciniki a kusan $81,500, yana riƙe sama da matakin mahimmanci na $80,000 yayin da tara manyan masu saka hannun jari ke ci gaba da ba da tallafi na tsari ga matakin farashinsa na kusa.
Farashin BTC yana tashi sama a kan ginshiƙi na yau da kullun.
Source: BTCUSD a kan Tradingview
Hoton murfin daga Grok, ginshiƙin BTCUSD daga Tradingview
Tambayoyin da Aka Yi Yawa
Anan akwai jerin tambayoyin da aka yi yawa game da batun Wannan ginshiƙi ɗaya ya nuna dalilin da yasa Bitcoin ke samun gaba yayin da Ethereum ke baya a yanzu. An rubuta tambayoyin a cikin yanayin tattaunawa na halitta tare da amsoshi bayyanannu da sauki.
Tambayoyin Matakin Farko
1 Menene wannan ginshiƙi ɗaya da kuke magana akai
Yana kwatanta aikin farashin Bitcoin da Ethereum akan lokaci, sau da yawa yana nuna rabon BTCETH. Lokacin da layin ya tashi, Bitcoin yana yin fiye da Ethereum.
2 Me yasa Bitcoin ke samun gaba a yanzu
Musamman saboda amincewar spot Bitcoin ETFs a farkon 2024. Wannan ya sauƙaƙa wa manyan masu saka hannun jari siyan Bitcoin. Bugu da ƙari, mutane da yawa suna ganin Bitcoin a matsayin zinari na dijital mafi aminci kuma mafi kafuwa.
3 Me yasa Ethereum ke baya
Ethereum yana fuskantar ƙarin gasa daga wasu blockchains na kwangila masu hankali kamar Solana. Hakanan, sabuntawar sa na baya-bayan nan bai ƙara farashinsa kamar yadda mutane suka yi fata ba. Rashin amincewar spot Ethereum ETF shima ya rage jarin manyan kuɗi.
4 Shin Bitcoin ya fi Ethereum kyau a zahiri
Ba lallai ba ne mafi kyau—kawai daban. Bitcoin ya fi sauki kuma ana ganinsa a matsayin ajiyar daraja. Ethereum ya fi rikitarwa, ana amfani dashi don apps, NFTs, da DeFi. A yanzu, kasuwa tana fifita saukin Bitcoin da amincinsa.
5 Shin ya kamata in sayar da Ethereum na in sayi Bitcoin
Wannan yanke shawara ce ta sirri. Idan kun yi imani cewa fasahar Ethereum za ta kama a ƙarshe, kuna iya riƙe. Idan kuna tunanin yanayin Bitcoin na farko zai ci gaba, kuna iya canzawa. Koyaushe ku yi bincikenku.
Tambayoyin Matakin Tsaka-tsaki
6 Menene ginshiƙin rabon BTCETH yake gaya mani a zahiri
Yana nuna nawa Ethereum kuke buƙata don siyan Bitcoin ɗaya. Idan rabon ya kasance 0.05, kuna buƙatar 0.05 ETH don siyan 1 BTC. Idan rabon ya tashi, yana nufin Bitcoin yana ƙarfafa dangane da Ethereum.
7 Wane taron musamman ne ya sa Bitcoin ya ci gaba kwanan nan
Amincewar US na spot Bitcoin ETFs a watan Janairu 2024 shine babban abin da ya haifar. Ya buɗe kofa ga jarin manyan masu saka hannun jari wanda bai kasance ga Ethereum ba. Babu irin wannan amincewar Ethereum ETF da aka yi har sai daga baya.