#机构疯抢以太坊 Ethereum has really gone crazy recently, institutions are desperately buying, and the price has soared directly to $4300, and it seems to be heading towards $4500.
I think there are mainly three reasons driving this wave of market activity.
First, the Ethereum ETFs in the U.S. are incredibly strong, with large funds entering the market every day, and the Ethereum in exchanges is almost sold out.
Second, public companies are buying Ethereum even more actively than Bitcoin; I've heard that one company is purchasing Ethereum at a speed 12 times that of Bitcoin, and even Standard Chartered Bank has stated that buying Ethereum is more profitable than buying ETFs.
Additionally, with the U.S. dollar weakening and the Federal Reserve possibly lowering interest rates, funds are flowing into the cryptocurrency market, making it the perfect timing and opportunity.
Now analysts are bullish, believing that as long as ETF funds continue to flow in, $4500 is just a small target. Some even say that Ethereum is replicating Bitcoin's bull market of 2017; while that sounds a bit exaggerated, it's not impossible.