<div><h3>Fireline Report</h3><p> Institutions such as SharpLink Gaming and BMNR have been buying ETH like crazy, buying more than 300,000 ETH in the past two weeks. ETF funds have also flowed in heavily. ETH once reached $3,800, and the on-chain sentiment was directly ignited, and the leeks’ FOMO was maxed out!</p><h3> behind the scenes</h3><p> This wave was clearly ignited by institutions and ETF hot money, endorsed by bigwigs such as Peter Thiel, with a two-pronged approach of corporate reserve narrative and ETF expectations. On-chain funds lined up to enter the market, and the short sellers were pressed to the ground. The main force was to build ETH into the &quot;corporate treasury&quot; of the crypto world.</p><h3> Trading Guide</h3><p> ETH is fluctuating at a high level in the short term, with major players frequently washing out the market. Don&#39;t chase high prices and risk losing money. Waiting for a dip in the 3700-3600 range is the best strategy. The bull market&#39;s main upward trend isn&#39;t over yet, so it&#39;s a good time for aggressive traders to take advantage of the market. Long-term traders should continue to hold onto their holdings and avoid being spooked by short-term fluctuations!</p><p style="margin-top: 20px; text-align: left; opacity: 0.4; padding: 0 42px"><small>Updated at 07-23 10:16</small><br><small>AI-generated summary, not investment advice</small></p></div>