Whether it's spot or contract ETH inflows, the leading indicators are showing a clear gap, so the upward trend is quite strong.
Unfortunately, Bitcoin isn't keeping up, which is a bit concerning.
Currently, the net accumulated funds for ETH contracts have reached 500 million,
The upward trend is basically established, as long as BTC doesn't cause any trouble.
This V-shaped trend indicates that the market's funds are too eager and urgently need a new grand narrative to support it. The consensus among Wall Street institutions is to enhance and strengthen ETH's market value.