$ETH From a macro perspective, the Federal Reserve's June FOMC meeting is approaching, and the market has already digested the expectation of no interest rate cut in June ahead of today’s significant positive news on the ICP rate, with liquidity easing signals gradually being released. At the same time, the market focus is rapidly shifting from Bitcoin to Ethereum and other mainstream altcoins. Institutional funds have begun to flow significantly into the ETH ecosystem, which is one of the important signals before the start of every altcoin season in history.

Several key indicators we are tracking are also nearing critical points:

• The altcoin sentiment index has rapidly rebounded, rising from last week's 13 points to around 35 points currently. Once it breaks through 40-45 points, it will completely confirm the entry into the 'rising period', and the local bottom will end.

Currently, we are on the eve of the main surge of altcoins. Based on historical experience, once BTC stabilizes horizontally, ETH strengthens + sentiment rises, the main surge of altcoins will fully start. It is expected that during this round of altcoin season, the top 50 mainstream coins will rise by 2-3 times, and high-quality projects are expected to achieve 5-10 times explosive growth.