In the past two days, the data for $ETH has been reasonable. Although it doesn't have the same strong momentum as before, the price of the coin has risen, and there are still quite a few friends chasing it. However, compared to $BTC, the capital volume is still quite different. As mentioned earlier, there isn't as much capital flowing in as last month; it feels like the funds are starting to retreat. We can observe for a few more days to see if there will be another surge after the interest rate meeting.

One slightly strange point is that on Thursday, apart from BlackRock, no other American institutions sold. Although BlackRock's sell-off isn't significant, it is still a rare instance of net outflow.

This article is sponsored by #Bitget ｜ @Bitget_zh

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