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#ETH走势分析 $ETH $BTC
Is the bull market still accelerating? Two catalysts are right in front of us.
On one hand, expectations for Fed rate cuts are rising again. Once market liquidity loosens, funds will definitely flow into risk assets. On the other hand, if Ethereum’s upcoming upgrade is implemented smoothly, the technical improvements plus the narrative boost will make it hard for prices not to rise.
At this point, it's still too early to call the top. Institutions are still building positions, and on-chain data doesn’t show any large-scale selling pressure. There may be some short-term volatility and shakeouts, but the overall trend should still be upward.