$ETH Large investors continue to support the market, and the bulls are starting to exert effort!!! Last night’s very strong bearish news didn’t break through the 1700-1720 support level, indicating that institutions and whales are supporting the buy-in, and the news has already been digested by the market, beginning to gradually recover upward, positive signals are starting to appear, and Brother Shanhe’s main outlook remains bullish!!! The exchange’s ETF inflow in the past three days was nearly 28 million, but it’s slowing down, with only 2.1 million on the latest day, indicating short-term buying has paused, but there’s good news: a suspected big investor like a16z is still buying nearly ten million dollars worth of HYPE spot daily as planned, supporting the price floor. Overall, retail enthusiasm has cooled, but big investors haven’t stopped, and in the short term, it’s likely to hover sideways and fluctuate. The future depends on whether ETF inflows can stay steady; it would be good if it doesn’t turn into net outflows!!!