The market has been turbulent recently, and the reasons for the surge have gradually surfaced. It is rumored that the SEC is expected to make a major change in the issue of spot Ethereum ETF. Once this news comes true, it will be a major positive for the market, and ETF funds will pour in, further driving up the market value.

In addition, the news of the US dollar interest rate cut has also spread in the market. Although it has not been officially announced, many small and medium-sized banks in the United States have made preparations for the interest rate cut in advance. The interest rate cut means that funds will flood into the market like a flood. Among them, high-quality assets will become a hot spot for funds to chase, and the Bitcoin market has attracted much attention.

In such a market environment, ETH, as a leader in digital currency, is worth looking forward to its future performance. Although there are some pessimistic voices in the market at present, the main funds are still secretly laying out, waiting for the right time to raise the ETH/BTC exchange rate in one fell swoop. The market is always full of variables. Without the manipulation of the main force, it is difficult to form a large fluctuation, and fluctuation is the source of profit.

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