The ETH/BTC ratio is attempting to rebound from levels last seen six years ago.
Arthur Hayes believes that "ETH season" is approaching.
Record inflows into spot ETH ETFs are being observed. Market makers report strong demand.
Monitoring services indicate that traders are increasingly discussing ETH and the altseason. 🚀
👉 Neutral for adoption—price action and ETF flows reflect trader sentiment, not structural adoption shifts. Watch SEC's SOL ETF decision by July 31 for institutional on-ramp impact.