The trend of $ETH is significantly stronger than that of $BTC . From the K-line perspective, each bottom is higher than the last.

From the data, both BlackRock and Fidelity, the two major institutions, are aggressively buying ETH, while many investors are selling BTC and buying ETH. The increase in holdings in week 23 is directly 14.5 times higher than in week 22, indicating that this price range has become a commonly agreed best buying point.

From a macro perspective, the enthusiasm for BTC ETF expectations has subsided, and the high prices have caused panic among many investors. Compared to BTC, ETH offers much better value for money, and there is also more upside potential!

Therefore, my personal recommendation is that if ETH returns to around 3300 or the 3300-3000 range, it is a good time to buy spot.