Institutional funds have been crazily buying for 9 consecutive weeks, spending $580 million in a single week to aggressively attack Ethereum—this is not a test; it's a clear signal to acquire!
Brothers, big institutions are really anxious this time! For 9 consecutive weeks, no matter what market fluctuations there are, hedge funds and asset management companies are charging in! This isn't a test; it's clear they are determined to get in! The signal is too obvious: institutions are convinced, and now is the golden opportunity!
My feeling is just one word: these 'smart money' guys have caught the scent of meat!
Ethereum is absolutely in the spotlight this time! It raised $583 million in a single week, setting a record! This number is more impressive than the combined total of Bitcoin and all other altcoins for that week! It's so exaggerated! Why is the funding pouring into Ethereum like crazy?
The core gamble is on one thing: the spot ETF! The SEC is about to make a decision on applications from giants like VanEck and ARK (within these two months!). The market is betting that the SEC won't withstand the pressure and will approve it! Once the floodgates open, massive funds from traditional markets will pour in; just imagining that scene is thrilling!
I have a strong feeling: this time, the expectations for the Ethereum ETF are even more aggressive than last year's Bitcoin wave!
The Cancun upgrade is fantastic! After the upgrade, the gas fees for second-layer networks like Arbitrum and Optimism have dropped drastically! It's as cheap as picking up off the ground. Once user experience improves, ecosystems like DeFi, NFTs, and blockchain games will come alive; this is the true foundation of value! It's not just speculative anymore!
"High cost-performance ratio"? Compared to Bitcoin's historical highs, many institutions think Ethereum is currently 'reasonable' and has greater potential (more applications, plus you can earn interest while lying down).
What direct impact does this have on our market? The tycoon speaks plainly!
Is Ethereum about to take off? It's absolutely the leader in the short term! So much real money is rushing in, fund managers will have to buy ETH on the market. With such a strong buying momentum, can prices hold? I feel this wave will make Ethereum and its little brothers (L2 systems and good ecosystem projects) stir up collectively; the 'Ethereum season' is coming!
Confidence is at an all-time high! Institutions are so aggressive, why should retail investors be timid? Emotions can ignite quickly, and the army afraid of missing out (FOMO) is on the way! Market enthusiasm can explode in an instant.
More stable in the long run? The more institutional money there is, the larger the market cap, so there may be fewer big ups and downs in the future (the ideal is very full, but you know the crypto market—there will still be volatility).
The tycoon also wants to pour some cold water (key reminder):
The biggest risk: the SEC flipping the table! What if in July or August, the SEC slams the table and says, 'ETF? No way!' That scene... would definitely be intense! A large part of the money flowing in is betting on that. This stone has always been hanging in my heart!
Don't just focus on the crypto market! The Federal Reserve is raising interest rates and shrinking its balance sheet, the US stock market has crashed, and there are geopolitical conflicts... If these 'black swans' really come flying in, the crypto market will also shake!
If the rise is too steep, be wary of a pullback! When funds are aggressively pushed in the short term, it can easily overdraw the positive expectations. Be cautious when chasing highs; a technical pullback could happen at any time.
So, the tycoon's soul question:
Is this wave of institutional buying Ethereum a sign that they knew insider information about the ETF? Or are they all in betting on the national fortune? Do you think the SEC will be the 'helper' of the bull market this time, or the 'terminator' of the trend?
Let's discuss freely in the comments! Follow the tycoon for the next reveal: If the Ethereum ETF really passes, which track will give birth to the next batch of wealth myths? If you want to delve deep into the crypto market but can't find your way, want to quickly understand the information gap, click on my avatar to follow me for first-hand information and in-depth analysis!
