Recently, multiple significant events related to $ETH have erupted, and various signs indicate that Ethereum may have entered a new round of "exchange of hands" cycle, with the underlying forces possibly being more complex and substantial than you might imagine:

Both China and the United States have simultaneously released signals of trade easing, and global risk appetite has rebounded, opening a pathway for the rise of digital assets;

Ethereum topics have surged in popularity, with ongoing discussions on social platforms, suggesting underlying driving forces behind the heat;

Mainstream public opinion has massively synchronized in releasing content that positively reinforces Ethereum's market performance, creating an emotional resonance;

There are rumors that a certain sovereign institution is a significant holder of Ethereum, and the motivations behind this are intriguing;

Large amounts of funds on the blockchain are frequently being moved, suspected to be major funds completing a handover, with new forces emerging.