🚀【Market Dynamics】Mechanism Capital partner Andrew Kang stated on X that although he previously believed ETH and ETHBTC were overly hyped at the time of the ETH ETF launch, factors such as Trump's profits from WLFI being used to purchase ETH, and the nomination of a new SEC and CFTC chair who supports ETH/DeFi, have gradually diminished the ETF hype, making ETH's outlook seem not so bleak anymore. 💡 What do you think about these changes? Feel free to share your thoughts in the comments!