#美国证券交易委员会推进数字资产监管框架创新 $ETH's performance still depends on the macro environment. The Bank of Japan raised interest rates by 25 basis points, and the market had already priced in this expectation, so the recent market logic is quite clear——before the bad news materializes, there is often a rally. Now that the rate hike has been implemented, it might actually turn into a turning point. This is a classic pattern: bad news is hyped up for a long time, but when it actually happens, it's not as bad as expected.

In the short term, there is indeed a lack of new suppressive factors. $BTC and $SOL have also been moving actively these days. The key still depends on the attitude of the main players——whether they will start to position themselves at this level. If new funds enter the market, it could be a signal for the next wave of行情.