[Analysis: Ethereum is Attempting to Form a Double-Bottom Pattern] According to BIT analysis, Ethereum is attempting to form a double-bottom pattern, providing traders with a relatively clear technical support level. Although fundamentals and market structure still suggest investors remain cautious, as long as Ethereum holds its recent lows, this pattern indicates an improvement in the technical outlook. Meanwhile, lower-than-expected inflation data has also improved the macro environment for risk assets. After eight consecutive months of net outflows, Ethereum ETFs may see their first net inflow this month, potentially boosting institutional demand, though the extent of improvement may remain limited.