The wind is back to ETH:

1. While BTC hits a new high, it also experienced the largest single-day short liquidation since the bull market began, which means BTC needs time to consolidate, giving ETH an opportunity.

2. ETH/BTC has begun to strengthen, with funds flowing out of BTC into ETH for two consecutive days, which could indicate a trend change.

3. ETH's ETF has seen a net inflow of over 50 million U for two consecutive days, marking a recent high.

4. Multiple DEFI projects such as ENA, AAVE, and MKR have surged in trading volume, whereas in the past, only MEME coins typically dominated.

5. For the new government, apart from BTC which has strategic reserve value, only DEFI financial innovations can be showcased, and the DEFI ecosystem of ETH is the most complete.