The ETHBTC exchange rate has reached 0.3165. This is the first time it has approached 0.31 since the drop at the end of January this year, taking 6 months. During these 6 months, the E guardians have suffered greatly. Fortunately, this rise is fully supported by volume. Aside from retail investors who are stuck in the 3800-4000 range, everyone else has been able to break even. Institutions have spent so much money to help all retail investors break even. The only thing left is to break through the 4000 level again. But you should know that the reason institutions are spending so much money to buy ETH is the same as everyone else: to make a profit! So where does this money come from? Besides some opposing positions, it also comes from all of you who bought in at the high points, completing the exchange of chips between institutions and retail investors. The market is already showing some FOMO, so at this point, we need to be cautious about whether institutions have the intention to offload. I’m not saying you shouldn’t buy more. Of course, you can buy more since the current market still looks strong. But while buying is fine, you must run fast when it’s time to exit. In a trend where the daily line hasn’t even broken the MA5, if it crashes, it will happen very quickly.