It can be confirmed that the driving logic behind this wave of $ETH is:

The SEC and the White House announced the Project Crypto policy, aiming to extend the U.S. financial market to the blockchain and maintain America's financial leadership.

After research on various public chains by multiple Wall Street banks, they selected the largest smart contract chain, Ethereum, which does not have downtime.

So what everyone is doing now is:

Building their own E chain, tokenizing various assets, acquiring more ETH.

Currently, Bitcoin has 12%, held by various listed companies, institutions, and ETF-related issuers, while Ethereum's ETH is only about 5.2%, far from Wall Street's expectations.

So this summer, the market will continue to wash out,

continuing to shake off more retail investors and accelerating turnover.

The E in everyone's hands is getting less and less,

while the E in institutions' hands will increase.