ETH has returned to $4600, seemingly making everyone forget the previous clearing actions.
In fact, a clear bullish label was marked an hour before the rise.
At that time, I was busy writing the previous AERO article and placing orders, unable to update in time.
The top-ranked Crypto Alpha tool described it this way:
Institutional interest in ETH is increasing, significant rotation of BTC whales, positive ETF inflows, and the number of addresses holding large amounts of ETH continues to grow, all evidence of institutional staking and traditional financial partnerships.
By capturing and arguing the timeline from one hour ago to midnight on July 24,
there's momentum that includes traders, crypto media, mainstream NFT, speculators, meme creators, Ethereum core, DeFi innovators, L2 yield farmers, base art collectors, L2 developers, etc.
The paper contains a wealth of various argument contents and articles, including both bull market cases and bear market cases, leading to the conclusion:
Ethereum is demonstrating its increasingly dominant position as the foundational layer of global financial integration.
Unprecedented institutional demand, marked by continuous ETF capital inflows and strategic corporate capital accumulation, along with the rotation of Bitcoin whales, indicates a significant acceleration in supply absorption.
Despite the risks from unlocking queues and leverage in the short term, overwhelming systemic adoption and strong network activity make Ethereum a leading programmable foundational layer in the future financial sector.
The systematic, timely conclusions of crypto AI tools are the basis for our investment, but making judgments still relies on oneself.
Even with the same asset and the same market conditions, some people lose money while others make money, right?
Next, will you chase the high or remain on the sidelines? Or will you sell?