#ETH走势分析 market speed reading|Structural opportunities under emotional recovery

Last night's rebound came from the warming of macro expectations. But don't be too happy - the trading volume is still weak, and it can only be said that the market sentiment is in the repair stage, and the trend cannot be established.

**Price Snapshot:**
$BTC is around $92,387, up 2.61%. Although the flatbread moved, it was not strong enough.
$ETH performed significantly more aggressively at $3,309 (+6.73%), which is the real strength. The reason behind this is clear - funds are reevaluating the cash flow potential of the Ethereum ecosystem, coupled with a technical rebound after a large decline in the early stage. It is worth noting that the ETH/BTC ratio is starting to rise again.
$BNB fluctuated at $890, almost no direction (-0.09%), the fundamentals are still the same, purely the adjustment after the early rise was too strong, and the market attitude was tepid.
$SOL maintained high volatility, up 3.77%. This buddy is the weather vane - as long as risk appetite warms up, the income elasticity is particularly strong.

**The Current Situation:**
To put it bluntly, this round of rebound is the sentiment being repaired. But what about the real direction of the market? It still revolves around these lines: the Ethereum ecosystem, the high-beta main chain, and various projects of Layer2.

The risk appetite of short-term funds has indeed improved, but it has not yet entered a real trend. So the key is to keep an eye on the volume - if the volume can not keep up, this rebound may be short-lived.

**How to Operate:**
A prudent strategy is to keep an eye on the assets with good liquidity at the head, don't be greedy, and control the rhythm of the position. Don't blindly chase orders, but leave flexibility, and once the signal on the right is confirmed, you must be able to keep up.