Compared to Bitcoin's data, the ETH spot ETF is still not good enough, but we can still see the panic sentiment easing. Although Grayscale's sell-off was significant on Monday, there were no other institutions participating in the sell-off besides Grayscale. The same was true on Tuesday, and even Grayscale's sell-off began to decrease.

However, the buying volume remains very low, which may be directly related to the current narrative and liquidity. Currently, $ETH has returned to being classified as a large altcoin. To be honest, ETH hasn't done anything wrong this round; it even kept up with all the hotspots of BTC. Unfortunately, it ultimately cannot compete with BTC, which lacks a foundation.

This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。