I have been taking care of my nephew who is on summer vacation recently. I always feel that I am getting old... The market is still as boring as ever since the Ethereum ETF was roughly determined. Ethereum whales have also frequently adjusted their positions recently. After the Ethereum ETF is passed in the later period, the funds flowing into the market should be much higher than everyone's basic expectations. The funds adjusted by Ethereum whales recently should be replenished to the Ethereum ETF in the later period. In addition, the general election, the competition in the stablecoin market and the expectation of interest rate cuts,

1. The impact of Ethereum on cryptocurrencies is far greater than everyone imagines.

2. The impact of Ethereum on whales on the chain is also far greater than everyone imagines.

3. In fact, I also know domestic college students. In their courses, teachers talked to them about smart contracts of Bitcoin and Ethereum. (This is a bit like when we talked about Microsoft and Google when we were in contact with the Internet teacher. Of course, not many people in the crowd I consulted hold cryptocurrencies or really understand them, but seeing their words has planted a seed of curiosity from the heart. This blockchain culture spread by school teachers will have a profound impact on them)

4. Once the SEC issues a formal recognition of Ethereum, it also represents the recognition of altcoins, and in the later period, altcoins only need to copy the Ethereum template to avoid many legal issues.

5. Although the Defi sector has been negatively affected by regulation recently, it can be found that the entire Defi sector is still very stable. Although some projects have some problems, the Defi sector is still the foundation of cryptocurrency liquidity. (Rwa is worth looking forward to, and Defi is a decentralized bank and is also worth looking forward to)

6. In fact, those who pay attention to Ethereum ecological projects will find that many of the positive news released by the project party before have been postponed. I think this postponement is also waiting for the Ethereum ETF to pass.

As for why I said that the market would become meaningless when the SEC passed the first Ethereum document last month, this overly positive news locked the market expectations too tightly, including the SEC Chairman’s speech on the Ethereum ETF later. $ETH $BTC $BNB #以太坊ETF通过 #ETF✅ #ETH🔥🔥🔥🔥