Ethereum ETF performed very well last night, with a net inflow of 48 million. It may be because Ethereum oversold too much during the weekend and yesterday's Asian session, so American ETF traders got up and wanted to buy at the bottom. So last night, except for ETHE, almost all other institutions had positive capital inflows, which also had a great impact on the price of ETH today. The ETH/BTC exchange rate also rose to around 0.045, and the trend was much stronger than that of Bitcoin. Another point is that ETH has very complete DEFI facilities. During this wave of decline last night, a lot of funds on the chain were liquidated, so it was considered a successful leverage clearance. I expect ETH to continue to be stronger in the next few days, but if it wants to go out of the independent market again, there must be speculation of ETFs with pledge functions or the primary market will be active again. In the long run, I think there is still a lot of follow-up growth.
Today's rebound was very differentiated. The overall rebound of the meme sector was far greater than that of other altcoins, such as $doge $pepe $shib $wif and the like. The rebound of the inscription track was also very strong, with $sats rebounding by more than 20%. In short, these two tracks performed the best yesterday, while other altcoins basically rebounded by about 10%, and many of them did not recover the decline of yesterday. There was also a track that rebounded very strongly, namely the Binance watch list track. These coins were at risk of being delisted, so many friends handed over their chips mindlessly, which allowed some hot money to find opportunities and start to become the dealer in this track. Therefore, there are projects that double in value almost every day in this sector. Today is $amb $gft $wrx. Although the coins here are very risky, this is the only secondary market that can be played besides meme. It is like looking for a needle in a haystack to ambush rising projects in other sectors. There is at least a chance here every day.