Capital Flow Analysis: Wintermute analysts point out that recent market funds are shifting from Bitcoin (BTC) to Ethereum (ETH). Derivative market data shows that investors are optimistic about Ethereum's future performance. The open interest in Ether surged over the weekend, implied volatility increased, and demand for call options rose, reflecting heightened trader confidence. Ethereum's implied volatility reached a one-year high, indicating strong investor preference for its upside potential.