The BULL Market 📈
After a long period of holding steady after reaching all-time highs
Both Bitcoin and Ethereum are hinting at a potential bull run
While prices haven't surged dramatically and have fluctuated since March, there are positive signs
The unexpected approval of Ethereum Spot ETFs by the SEC sent a jolt to the market, with ETH prices jumping 20%
This suggests growing interest from traditional finance (TradFi) in Ethereum
Bitcoin is also showing signs of renewed interest
After a month of outflows, investments in Bitcoin US Spot ETFs have turned positive again
This indicates a potential return of TradFi demand for Bitcoin
Long-term investors seem to be accumulating again, with their spending pressure on the decline
However, for a significant price increase, some market volatility might be necessary to entice new investment
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