<div><h3>Topic Summary and Market Impact</h3><p> ETH has recently pulled back sharply, and the market&#39;s expectations for the Altcoin season have cooled. Funds and sentiment have not clearly shifted to the altcoin sector. The prices of ETH and mainstream Altcoin are under pressure, and the market is in a wait-and-see mood.</p><h3> Drive logic analysis</h3><p> Although ETH ETF has attracted institutional attention, funds are still concentrated in BTC. On-chain data shows that ETH and Altcoin lack sustained buying. Historically, the start of Altseason requires strong leadership from ETH, but no key signals have appeared yet.</p><h3> Strategic recommendations and risk warnings</h3><p> It is recommended that conservative investors continue to wait and see, while aggressive investors can bet on ETH rebound with a light position, pay close attention to ETF fund flows and on-chain activity, be wary of the risk of further pullbacks in ETH and Altcoin, and strictly control positions.</p><p style="margin-top: 20px; text-align: center; opacity: 0.4;"><small>AI-generated summary, not investment advice</small></p></div>