#ETH

Ether finally came out strong. What is the logic behind it?

Europe said it would start cutting interest rates in June, so there may be water coming from Europe from June. Smart money may have entered the market now.

Bitcoin ETFs have had a net inflow of more than $900 million for 5 consecutive days, and Grayscale Trust Fund has been increasing its holdings for nearly 30 days.

The world's largest futures exchange plans to launch Bitcoin spot trading. If implemented, it will further deepen the entry of major Wall Street institutions into the digital currency market.

A large amount of traditional funds have entered the currency circle. The short-selling force has been weakening, and the long-selling force has been increasing. The long army is stronger than the air force. The on-chain data is still bullish.

The real big market will only unfold after Bitcoin breaks through 7w. Sit tight and hold on. Brothers in the car are advised to hold patiently to avoid missing out.