#XXX From the data, Ethereum's spot trading volume exceeds that of Bitcoin and the ratio is above 1, which may suggest new changes in the market. The flow of funds reflects an increase in investors' risk appetite, possibly opening a new investment window. However, a single indicator is insufficient to assert that the market has entered a new cycle; a comprehensive assessment considering macroeconomic factors, policy regulations, and technological developments is necessary, and continuous observation of subsequent trends is required.