QCP Capital said that during the Asian opening, ETH rose from 3810 to 3940, which may be due to Trump's pro-cryptocurrency remarks over the weekend. Market participants seem to express bullish sentiment on ETH rather than BTC, especially after the ETH spot ETF began trading. While we are structurally bullish on ETH, we will not see a major breakthrough until we have a clearer understanding of the S-1 approval and get some inflow data.