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Core support factors of Ethereum's independent market
- Institutional布局积极:7 publicly listed companies are following MicroStrategy by directly purchasing Ether, keeping funds in the market, and driving up prices.
- Staking ETF Expectations: Institutions like BlackRock have submitted applications for ETH staking ETFs, and the market anticipates that the SEC may grant unified approval in October. Institutions have already started making large purchases to seize the opportunity.
- Market linkage effect: As the leader among altcoins, ETH's price increase stimulates active inflow of capital in the market, creating a positive cycle.
Outlook
In late September, before the interest rate cut, if ETH breaks through the key level of 4100, the ceiling of this round of market may continue to rise, and the momentum of independent market will further strengthen.
- Active Institutional Layout: 7 listed companies are following MicroStrategy by directly purchasing ETH, keeping funds in the market and driving prices up.
- Staking ETF Expectations: Institutions like BlackRock have submitted ETH staking ETF applications, with the market expecting the SEC to approve them uniformly in October, leading institutions to start large-scale buying to seize the opportunity.
- Market Linkage Effect: As the leader among altcoins, ETH's price rise activates hot money in the market, creating a positive cycle.
Future Outlook
Before the interest rate cut in late September, if ETH breaks through the key level of 4100, the ceiling of this market cycle is expected to continue to rise, and the momentum of the independent market will further strengthen.