The ETF of spot ETH turned positive after an inflow of $34 million on July 30. Referring to the previous Bitcoin ETF, it took a period of continuous net inflow before Bitcoin saw a big rise.
Then, Ethereum is also likely to start rising after a period of capital inflow. The callback in the past few days is an opportunity to lay out Ethereum spot and low-multiple long orders!
Gradually increase your position, don't go all in!