Asian funds are too strong! Altcoin market has been heavily boosted, with ETH and XRP becoming the biggest winners!

Matrixport's latest analysis blows the scene: Ethereum has shown resilience amid fluctuations thanks to a bunch of positive catalysts—Gas fees are low, but funding rates have soared to double digits. Considering the futures positions and ETF capital inflows, this enthusiasm remains solid!

What's even more amazing is that the influence of the Asian market has directly skyrocketed: just last week, we analyzed ETH's performance at different times, and Asian funds stepped in, directly pushing ETH to soar over the weekend.

Don't think this is just speculative capital messing around; DeFi activities are also quietly warming up, genuinely adding fuel to ETH's rise.

It seems that the intuition and action of Asian players are once again going to make the market take notice?