#机构疯抢以太坊 has currently only encountered a portion of historical supply (from the high supply zone of 2021), but even at the 4-hour level, there has been no significant structural damage, and the highs and lows are still slowly rising...

Therefore, you may not be optimistic about BTC, but there is no reason to be bearish on ETH.

Looking at the ASR channel, the price is oscillating upwards in the orange average resistance zone, showing a relatively strong performance.

This indicates that the current market demand is gradually absorbing the supply near the historical previous highs.