// COMPARE

ETH eased to $2,007 (-0.76%), underperforming BTC even as Standard Chartered reset its 2026 prediction with the AMZN-after-dotcom analogy. Stablecoin-arms-race headlines didn't move the spot tape.

ETH is stuck between a bullish institutional narrative (Standard Chartered, stablecoin growth) and weak short-term flow. The dot-com analogy is a long-cycle story; price action is a near-term liquidity story.

$1,950 must hold to keep the constructive structure. Stablecoin regulation headlines and any spot ETF inflow surprise are the catalysts. Above $2,080 reopens $2,200.

Microsoft surged 3.47% to $426.99, the day's mega-cap leader on a multibillion-dollar Pentagon software deal report from Dell. Azure/AI demand stack stays in play.

MSFT is monetizing every AI angle — government, enterprise, OpenAI partnership. The Pentagon deal validates Azure's defense vertical, the highest-margin durable revenue stream available to a hyperscaler.

Whether the deal headline gets confirmed/expanded. $430 is the breakout level; clean print opens $440. Support $420. AI capex commentary from peers will matter into next earnings.