According to Jinse Finance, Nansen analysts believe that investors should increase risk and not ignore all the current favorable signals and market narratives, including the Fed's expectations of rate cuts, the lead of US presidential candidate Trump in the polls, the widening spread between Bitcoin call options and put options, and the Bitcoin momentum index above the buying threshold. In addition, the inflow of funds to spot Bitcoin ETFs is increasing, while the on-chain transaction fees led by Ethereum are also growing, which is likely due to the launch of Bitcoin ETFs on July 23. The market value of stablecoins is also accelerating, indicating an increase in net inflows on the chain.