#ETH走势分析 Recently, there has been major news in the industry—a well-known investment firm’s subsidiary, BitMine, has made another big move, directly spending $435 million to purchase 138,452 Ethereum. This massive order has set the entire market abuzz. With such a large institution showing confidence in ETH, are they bottom-fishing or bullish on its future prospects? Judging by the scale of the transaction, this purchase is significant enough to shake market sentiment. Such large-scale trades are often seen as market indicators—what institutional investors do directly affects the trading rhythm of retail investors. As a heavyweight asset second only to Bitcoin, any change in Ethereum’s trend has widespread impact. What’s worth noting is what kind of market expectations this transaction reflects: is it optimism about ETH’s fundamentals, or purely a capital allocation move? Market participants need to closely watch the subsequent price reactions and capital flows.