The ever-changing situation in the cryptocurrency world is eye-catching. Many investors are eagerly looking forward to the arrival of the bull market, but why does the market seem to be slow to start? After in-depth analysis, we found some possible reasons and revealed the inside story behind the Ethereum ETF. At the same time, we will also share some of the currencies that smart money is paying attention to, as well as one of my personal favorite investment options.

First, the inside story of the Ethereum ETF. Recently, the movement of the Ethereum ETF has attracted widespread attention in the market. From the change in attitude at the regulatory level to the market's reassessment of its potential value, it shows that the Ethereum ETF may become a new driving force for the development of the market. However, the real promoters behind it and their purpose are still a topic worth exploring in depth.

Next, let's talk about why the bull market is slow to come. Although there are many signs of a short-term bottom in the market, such as the relative stability of BTC and ETH, and the continued deployment of stablecoins by smart money, the overall sentiment of the market is still relatively negative. This may be related to the unfavorable situation of macro liquidity, but more importantly, the market seems to be waiting for a clear signal or event to trigger the start of the bull market.

So, at this critical moment, which currencies are worth paying attention to? According to our analysis, several currencies have great potential. Among them, I am most optimistic about Ordi. As the first narrative of Bitcoin, Ordi has the unique advantage of attracting new funds and users. As long as Bitcoin developers do not resist and reject it, Ordi is expected to shine in the future bull market.

In addition, Arbitrum is also a chain worth paying attention to. From the data level, Arbitrum performs well in key indicators such as TVL, number of active addresses, and transaction volume. As Ethereum gradually turns to the Rollup layer for activities, Arbitrum's advantages in the Rollup layer will become more obvious.

Finally, I would like to emphasize that the recent buying behavior of whale accounts in the Bitcoin market is also worthy of attention. The latest data from CryptoQuant shows that whale accounts buy about $1 billion worth of Bitcoin every day, showing the market's strong confidence in Bitcoin. This may be related to the upcoming reversal of the market, but the specific situation still needs further observation.

When to lay out ordi will be announced in the 10,000-person fan group