There are four main situations to determine when Ethereum can break out of its independent market:

1: Bitcoin's ETF funds enter a weak period

When the inflow of Bitcoin's ETF funds slows down and large funds have nowhere to go, they will inevitably turn to Ethereum, because other assets cannot accommodate such a large amount of funds in the short term.

2: Ethereum's ETF application is approved

The influence of the Ethereum ETF passing will be equivalent to that of the Bitcoin ETF passing, which can bring a large amount of funds to Ethereum. (This has already happened)

3: Ethereum conducts large-scale liquidation

If Ethereum triggers a super liquidation and clears out the funds that currently rely on leverage to make up for the rise in Ethereum, then the market will regain balance and provide a basis for independent market conditions.

4: A phenomenal track appears in the Ethereum ecosystem

If a phenomenal track is born in the Ethereum ecosystem like DeFi and NFT in the last round of bull market, it will greatly promote the outbreak of its independent market conditions.

When two of these four situations occur, it means that Ethereum's independent market conditions are coming.