On the day of a net inflow of over $1 billion into the Ethereum ETF #机构疯抢以太坊 , the price of the coin hit a new high, and a large influx of institutional funds shows confidence in ETH. This very likely indicates that the crypto market may usher in a new round of institutional bull market. If ETH breaks through $4,400, triggering short liquidations, the market's bullish sentiment may further intensify, and with continued institutional funding, new historical highs are quite likely to occur.