There are four possibilities for when Ethereum $ETH will start an independent market:

1. Bitcoin ETF funds have reached a bottleneck: large funds have nowhere to go and can only turn to Ethereum because other projects cannot accommodate too much funds.

2. Ethereum ETF is approved: similar to the approval of Bitcoin ETF (already happened).

3. Large-scale liquidation: clearing the leveraged funds currently seeking large-scale Ethereum rebound.

4. Phenomenal track: similar to the DeFi or NFT track in the previous bull market, it broke out in the Ethereum ecosystem.

When two of the above four situations occur, Ethereum's independent market is about to come.

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