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#ETH fluctuates after hitting $2500 Damn! Has ETH really taken off for good? In fact, the institutions buying BTC and those buying ETH are not the same group at all. Most of the people who allocate BTC to their portfolios treat it as a digital version of a reserve asset, seeking its scarcity and its ability to hedge against major asset classes. As long as the overall environment remains stable, they continue to pour money into it without needing to delve into any on-chain intricacies. But ETH is a completely different story. You have to first understand the entire system of staking rewards, Layer 2 networks, and on-chain real assets before they are willing to invest real money. The result is that when the macro environment warms up, money rushes into BTC first; only when market risk appetite is fully unleashed and there is a willingness to play by the logic of productive assets will incremental funds flow in large quantities to ETH. In recent days, ETH has completely crushed the bears. It continued to rise to around 2500 before retreating to hover around 2400. On the surface, it seemed like the upward momentum had stalled, but the fact that it surged nearly 30% in a week and remained firmly at a high level without a crash is, to be honest, much more reliable than another big bullish candlestick. Indeed, there were 1.1 billion dollars in short positions that were forcibly liquidated, which contributed to the momentum. However, last week, the net inflow into spot ETFs was approximately 700 million dollars, indicating that not all of the buying was forced by short sellers; there were genuine investors putting real money into the market. Now it's a matter of whether this batch of money is willing to hold firm at 2400. I scanned the trading volume and gainers list within the station, and the most suitable ones to watch alongside ETH are still AAVE and UNI. AAVE rose about 12% in a day, and UNI increased nearly 6%. These two are not just riding the hype: when ETH rises, the value of on-chain collateral and borrowing demand increase first$ETH #ETH触及2500美元后震荡