The spot ETF funds have seen a continuous inflow for 14 days, totaling over 800 million USD, with BlackRock's ETHA fund leading the way, receiving 34.7 million USD in a single day. The total assets of ETFs are approaching the 10 billion USD mark! Institutions are fully engaged, demonstrating strong confidence in the future of ETH.
Although the ETH price has slightly corrected by 6% in the past two weeks, funds continue to flow in, indicating that bullish positioning remains intact and hidden explosive potential exists! The technical indicators are also favorable, with daily flag-shaped fluctuations poised for a breakout, and the 50-day and 200-day moving averages confirming an upward trend with a 'golden cross,' while the RSI indicator reveals strong buying signals.