There are two major driving factors behind the Ethereum rebound: one ⃣ Powerful narrative support—— Tom   Lee support ethereum Described as a 'stablecoin chain', this marketing narrative has successfully boosted market confidence. In addition, he expects ETH Expected to reach 7000-15000 by the end of the year, corresponding to a clear macro and compliance strategy compared to the same period last year. two ⃣ Institutional funding frenzy—— Bitmine Purchased over 833000 pieces in just 27 days ETH ， It accounts for nearly 1% of the global circulation, fully demonstrating strong demand pressure. This move is in collaboration with other enterprises, such as SBET give Sharpling Gaming， They also followed suit one after another, marking the institutional level ETH Asset allocation has become a trend. ETF The cumulative purchase volume with large institutions has reached 32 times the current circulation volume, and the demand pressure is astonishing. data https://www.strategicethreserve.xyz/