The current market is completely dominated by Ethereum; it's different from Bitcoin. The correlation of ETH with macro trends isn't as high right now because they are positioned differently. ETH has a lot of data for fundamental analysis, and even for several important future sectors, such as the stablecoin legislation that has spawned a strong on-chain market, and the potential of RWA worth trillions. The foundation of all this is ETH. Therefore, a lot of capital is entering with a venture capital mindset, unlike Bitcoin, which is purely below currency inflation and store of value. This means higher risks and higher expected returns. Over the past few days, the daily capital inflow for ETH ETFs has been around 400 million, which can be considered a historical peak. Meanwhile, crypto treasury is also buying aggressively. The buying data from Monday has come out, and BMNR has purchased more than 200,000 coins, bringing the total holding to over 1.7 million coins. Sbet's holdings are also close to 800,000 coins, and dynx holds 345,000 coins. These two haven't changed in the past two weeks, but last night the company rebranded and is now called ETHM, indicating a focus on ETH treasury. It is expected that they will increase their buying intensity. It can be anticipated that ETH's trend will far exceed Bitcoin's. As long as Bitcoin doesn't act up, a breakout above 5k for ETH is a certainty. Last night, Standard Chartered reaffirmed an ETH year-end target of 7.5k. The past two days have been excellent entry points, and Tom Lee continues to predict that a new bull market is about to start, with ETH year-end targets of 10-12k being solid.