Although ETH has been performing a bit weak recently, I still firmly believe in its potential. So don't rush to conclude this round of market activity—Ethereum's grand performance has actually just begun.

Let's look at a few signals:

In terms of stablecoins, although prices have pulled back, the stablecoins circulating on the Ethereum chain still account for about 50% of the entire market, and Ethereum's position as the 'financial bloodstream' remains solid.

At the institutional level, the proportion of ETH holdings is catching up to BTC. There was a time when even BlackRock was reported to have switched from BTC to ETH, indicating that mainstream capital's attitude is quietly changing.

DeFi, RWA, and other fields are being fully advanced, especially in the lending sector, where Aave's price performance has been quite impressive recently. ETH is also gradually establishing its financial attributes as 'on-chain government bonds.' Not to mention that the SEC has recently started to loosen its stance on DeFi; once ETH staking ETFs are launched, there really is a chance to repeat the 'Summer of DeFi' from years ago.

Increased leveraged short positions + net inflows into ETFs; on-chain data shows that short leverage is accumulating, while funds related to ETH ETFs are continuously flowing in. Once the shorts are liquidated one by one, it might really be 'the time for the market to heat up.'

So the current ETH may just be the 'appetizer'; the market hasn't truly gained momentum yet, and market sentiment hasn't reached extremes. The more we are in this phase, the better the opportunity for capital to quietly position itself.

Don't wait until the price hits 5000 to pay attention; by then, the opportunity might have already slipped away from you.

I've finished speaking; who agrees 👍 who disagrees 👎? Welcome to discuss~