Recently, there have been two significant signals in the cryptocurrency space that cannot be ignored:

1. The Ethereum spot ETF has maintained net inflows for five consecutive weeks, with a net inflow of $349 million last week, while the Bitcoin spot ETF saw a net outflow of $388 million last week. Ethereum is beginning to show stronger capital-absorbing capabilities than Bitcoin.

2. During the Bitcoin's volatile pullback (in the range of 99000—90000), Ethereum has demonstrated a stronger performance compared to Bitcoin, forming a clear upward trend. The strengthening of ETH indicates that the cryptocurrency space is entering the preliminary stage of altcoin season.

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