What do the brothers say, I said last night that we must focus on $ETH Layer 2, and today Layer 2 has welcomed a general rise in the market!

The current Ethereum market has largely been influenced by ETF funds. For instance, from August 11-12, the net inflow of spot Ethereum ETFs in the U.S. stock market exceeded $1 billion in one go, with a cumulative inflow of $10.8 billion, and the AUM has reached $25.7 billion.

You can understand this in two ways: one is that long-term funds are genuinely entering the market, and the other is that ETF funds are structurally migrating from BTC to ETH.

The characteristics of this type of money are quite obvious:

1️⃣ High stability: The ETF client base is large and diverse, whether it's investment portfolios or pension plans, there is a continuous buying force. It can be seen as a semi-automated 'machine buying' that won’t easily flee.

2️⃣ Strong continuity: These funds often engage in sustained net buying for weeks or months. For the market, this is equivalent to providing long-term support for ETH, making a gradual bullish trend quite possible.

In simple terms, if you are waiting for a fool's rally, the current ETH may already be considered one.

The strategy is also straightforward: overweight ETH, along with betting on a few leading L2s, and just build positions in batches during pullbacks. The rest is just to keep an eye on a few key points: when ETF inflows peak, when they start to reverse into outflows, and whether the leverage is overheated, and then flexibly reduce positions based on the actual situation.