Ethereum founder Vitalik Buterin stated during a live broadcast: I am very concerned that these U.S. companies in the Ethereum treasury will lead to the decline of ETH in the future.

The current surge in ETH has not changed the fundamentals; both institutions and retail investors understand that this is just a story of stepping on the gas with one foot while braking with the other. When the ETF funds and the ETH treasury companies can no longer buy, the price will drop. The performance of ETH over the past weekend shows that without institutional trading, ETH has been weaker than BTC. The ETH treasury companies are like Viagra; once the medication stops, ETH will lose its potency immediately.

Although ETH is currently being injected with funds from several large players called 'water buffaloes,' a water buffalo is still a bull. It's important to cash out in time before the bubble bursts. Understanding the essence of the market is crucial for our operations.