According to BlockBeats, on August 19, Matrixport shared the following market views: The inflow of funds into Ethereum ETFs is mainly due to the establishment and expansion of 'treasury-type companies'. Whether the future market can continue to rise depends on the ongoing investments of these institutions, especially given the still low on-chain activity.
Although the issuance of stablecoins is more concentrated in Ethereum and the future incremental space is generally viewed positively by the market, this advantage mainly reflects medium to long-term potential, with limited short-term contributions to revenue.
From a technical perspective, if Ethereum cannot firmly hold the $4,180 threshold, there remains a risk of further pullbacks.
