10x Research published on X that the current price of Ethereum (ETH-USDT) has steadily risen above the 7-day and 30-day moving averages, showing a clear bullish trend from a technical perspective. In the past week, ETH has increased by about 3.6%, a rise likely influenced by the continuous inflow of funds into Ethereum-related ETFs, especially as BlackRock's Ethereum spot ETF has recently intensified its buying power, with the fund's size approaching 4.6 billion USD.

Additionally, BitMine announced it has raised 250 million USD to support its ETH investment strategy, while SharpLink Gaming has directly increased its holdings by 9,468 Ethereum. These actions indicate that institutional interest in ETH is warming up, and market confidence seems to be recovering.

Although there are still macro uncertainties in the short term, these changes in fund dynamics could be a prelude to the next phase of ETH's surge. #TruthSocial加密蓝筹ETF