Ethereum is constantly receiving good news, and this is the key to my long-term bullish outlook.

Why am I always bullish now? #ETH走势分析 , remember, the actual interest rate cut in September hasn't happened yet.

Ethereum's market capitalization has now reached $586 billion, putting it squarely in the top 25 global tech companies—an unparalleled position. Moreover, after its "Nirvana" upgrade, it's even more powerful, processing 10,000 transactions per second—five times faster than before, and with an 85% reduction in gas fees, making it much more user-friendly.

Institutions were also incredibly supportive, directly approving the spot ETF. All nine applications from major firms like BlackRock were approved. From July 4th to now, the amount of money in the ETF has increased by over $2 billion. On August 8th alone, $461 million was added, more than Bitcoin. Seventeen institutions have also accumulated 1.749 million ETH, worth $7.5 billion.

Regulations have also loosened, with the SEC recognizing Ethereum as decentralized and not a security. The EU and Hong Kong also support this. Furthermore, over 150 of the Fortune 500 companies are working on Ethereum-related projects, expanding its application areas. This is an incredible trend!

The market is constantly changing. Follow @分析师韩冰 for quick market understanding and life-changing gains in the upcoming bull market.

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