Ethereum is rising strongly. Do you know what the logic behind it is? Let's explore the reasons behind it together!

First, Europe plans to start cutting interest rates in June, which means that the market will usher in more capital inflows. Smart funds may have already laid out in advance, waiting for Ethereum's strong rise.

Secondly, Bitcoin ETF has a net inflow of more than US$900 million for 5 consecutive days, and trust funds have continued to increase their holdings in the past 30 days, showing increased confidence in Bitcoin.

In addition, the world's largest exchange-traded program is also about to be launched. This is the world's first exchange to achieve exchange trading, which is expected to attract more traditional funds into the currency circle.

With the influx of a large amount of traditional funds, the short-selling force is gradually divided, the long-selling force continues to increase, and the on-chain data also shows the depth of bullish sentiment. Industry experts generally believe that the real big market may gradually unfold after Bitcoin breaks through US$70,000.

The strong rise of Ethereum is inseparable from the promotion of many factors. If you are also an investor in digital currency, you might as well pay more attention to market dynamics, hold patiently, and wait for better opportunities.#eth#btc