The second pancake Ethereum $ETH bull market signal has arrived, BlackRock has officially submitted an application for an Ethereum staking ETF, and the new fund plans to allocate 70%-90% of its holdings for staking, providing investors with dual returns from price fluctuations and staking yields.

Wall Street legendary analyst Tom Lee once again calls out a target price of $ETH 62,500, based on the core logic that the value of the second pancake as a core settlement layer for RWA tokenization is underestimated.

At the same time, large whales have continuously exchanged BTC for ETH at low levels for 18 days, with net inflows into the American spot ETH ETF exceeding $200 million in a single week, indicating a clear signal of institutional funding layout, and the market landscape may be about to change #加密市场观察 #ETH走势分析