Here’s the news:

U.S. publicly traded company Fundamental Global Inc. plans to raise up to $5 billion to establish a strategic ETH reserve.

Vitalik Buterin, the founder of Ethereum, has finally spoken out, stating that the Ethereum treasury company has expanded the channels for a broader range of investors to acquire ETH, but warned that if mishandled, this trend could evolve into an "over-leveraged game."

Now various companies are starting to adopt a micro-strategy version of ETH, and like MicroStrategy, this approach ultimately carries a hidden risk: the unwinding of leverage will inevitably come!

MicroStrategy is the same; by the time it starts redeeming in 2027, the situation could be a bit precarious for Bitcoin.

Yesterday, U.S. Ethereum spot ETFs saw a net inflow of $222.3 million, while Bitcoin spot ETFs had a net inflow of $277.4 million.

If Ethereum breaks through $4,000, the cumulative short liquidation intensity on major centralized exchanges will reach $677 million.

Approximately $1.75 billion worth of ETH is queued to exit the Ethereum PoS network, while about $150 million worth of ETH is waiting to join.

Overall, everyone is talking about the positives of Ethereum, but I still believe we should maintain a cautious attitude; at least protect the principal. Even if ETH aims for $4,100 or $4,800, we should use profits to take risks.