The awkward period after the Ethereum ETF launch has arrived—capital inflow is very sparse, completely unlike the bustling scene initially imagined. On the Grayscale side, ETHE is still continuously bleeding, directly pulling the ETH price down, and the $2400 defense line is almost unable to hold.

However, speaking of which, those old-timers and institutional big shots in the circle are quite calm. They believe that this matter is not urgent; the ETF will really take off when those traditional financial advisors include it in their recommended lists. Furthermore, as Ethereum's own ecosystem continues to grow, the money will eventually flow in. Is the price weak right now? To them, it's just a routine operation for the market to digest profit-taking.

Interestingly, several institutions still remain optimistic that ETH can reach $4000 within a year to a year and a half. They are currently eyeing this price point, contemplating whether they should take the opportunity to scoop up some at a low price. In the short term, some are panicking, while in the long term, others are laughing; that's just how the market works.