July 17, 2025

Ethereum's trend is somewhat unstoppable; not only is its price leading the market, but its exchange rate relative to Bitcoin is also continuously rising. The reason for this dramatic movement, in my opinion, is that it has completed handover in the early stages, or in other words, the main force has acquired the chips. The most direct reason is that Wall Street has begun to stir up a micro-strategy trend for Ethereum, with many companies following suit, but choosing Ethereum instead of Bitcoin, which has injected the most direct stimulant into Ethereum's rise.

I have previously said that if institutions were to choose any target other than Bitcoin, it would undoubtedly be Ethereum. After all, Ethereum is still the second most decentralized asset after Bitcoin. Currently, only Bitcoin and Ethereum are available for spot ETFs, and their status is self-evident. In a sense, Ethereum is benefiting from the overflow of Bitcoin funds. Imagine you are a CEO of a company and want to allocate a certain percentage of digital assets as strategic reserves; Bitcoin might be a good choice, but due to its high price, buying it would essentially be dressing up MicroStrategy. So why not choose the second in line?

Of course, I'm not saying that choosing Ethereum is the best option, but everyone has their own aspirations. Companies currently allocating Bitcoin are still increasing. So how will Ethereum's upcoming trend look? Let's refer to the price trend of Bitcoin after MicroStrategy's continuous buying; I can only say that Ethereum remains in an upward trend. As for how high it will go, it’s hard to say at this point, especially after the washout is completed, as the combined force of the main players and various buyers will have a significant impact on the price.

A noteworthy piece of news is that the ancient whale holding 80,000 Bitcoins seems to be selling off the remaining 40,000 Bitcoins. If it sells out completely, a nearly $10 billion order barely caused a slight stagnation in the Bitcoin market, indicating the madness of the overall market. Once this order is digested, the subsequent market rebound should not be underestimated. In short, all signs now indicate that the market is heading towards madness, so buckle up.

Thank you for the steadfast support along the way.