The market continues to fluctuate, primarily due to a lack of liquidity leading to reduced activity.

The tug-of-war between bulls and bears intensifies, with market sentiment neutral; Ethereum still has a 45% gap from its historical high.

However, whales are continuously accumulating (trading volume has significantly increased) and spot ETFs have seen a net inflow for 11 consecutive days, indicating strong willingness for medium to long-term capital allocation;

Expectations for the Fed to delay interest rate cuts until September (probability 100%) are constraining short-term rebounds due to tightening liquidity.

Seasonal weakness in June, with Bitcoin's historical average return in June only 1.9%.

Prioritize buying ETH at lower levels (supported by spot ETF funds + whale accumulation)

Gradually position at 2440/2460 📈