According to current market trends, the ETH market has not yet ended, and there are signs of funds gradually flowing into altcoins. Here is an analysis of various sectors:

• ETH Market: Institutional bullish sentiment towards ETH is exceptionally strong. On August 11, the net inflow of funds into the U.S. ETF tracking Ethereum (ETH) reached $1.02 billion in a single day, setting a historical single-day record. Financial giants like BlackRock and Fidelity have been buying continuously for five days.

• Altcoin Market: Although there are currently no obvious signals for the altcoin season, there are some signs indicating a possible start. For example, the altcoin season index has risen to 45, approaching the boundary line of a "typical altcoin season" at 75; Bitcoin's dominance has dropped from 65% in July to 62%, indicating that funds are slowly flowing out of BTC and into ETH and other altcoins. In addition, the ETH/BTC trading pair has started to strengthen, which has historically been a classic leading signal for the start of the altcoin season.

• Popular Tracks: The DeFi sector still has potential and is considered a super track for the next two to three years. The RWA sector is also developing rapidly; for example, Ondo Finance has tokenized U.S. short-term treasury bonds through an on-chain securities protocol, managing over $1.2 billion; the Dubai Land Department has partnered with Prypco and Ctrl Alt to launch the Middle East's first real estate tokenization platform "Prypco Mint," raising $27 million for the first Palm Island luxury project in 8 hours. ETF-related hype is also attracting attention, with the fund flow of Ethereum ETFs like the Fidelity Ethereum Fund being closely watched. $ETH $BTC #加密市场回调 #主流币轮动上涨