Yesterday, the spot ETF bought more than 3,400 BTC, and the Bitcoin spot ETF has inflows of more than 100 million for 5 consecutive days. As the US SEC requires exchanges to speed up the update of the 19B-4 document on the ETH spot ETF, the probability of approval of the ETH spot ETF has increased significantly, and the market believes that there is still a 25% probability of disapproval. The price of ETH rose by 18% in 5 hours. According to on-chain data, multiple whales bought ETH in this range and used leverage. The Ethereum ETF will announce the results on Wednesday. The SEC may use this chip to harvest. It is uncertain whether the current pull-up is safe. If it is to release smoke bombs for the market, the review on the 23rd is not approved, then it is to prepare for harvesting. It is currently recommended to wait and see. For the reduction of spot bands, long-term investors can just keep it.