At present, we don't see too many reasons for ETH to rise. The bull market seems to have nothing to do with it. What we can expect in the future is that the US Ethereum ETF will be open for staking. Although it only has a 3% yield, it is also a considerable temptation for large institutions. In the future, as the yield of US Treasury bonds declines, the staking of ETH will become more and more attractive. Another thing is to see the return of funds

The situation of ETH is to switch tracks and fight for its rebound, but this is also a matter of the future. The later the bull market, the greater the risk, and ETH may only emerge. So many people say that ETH is now the doomsday chariot, and the fundamental logic is here.

Think about it from another perspective. Take the last round of bull market as an example. A large number of new public chains and old public chains frequently appeared. Let's not talk about the new ones. Many of those old public chains no longer have narrative ability. The on-chain data is pitiful. There is no new ecology. The situation is worse than the current ETH. They still enjoy the feast of high liquidity in the market and have a large wave of gains.

So the main rising wave is likely to be in the middle and late stages of the bull market. There will be no absence, but it will be more painful to wait. As for how to operate, it depends on your opinion~