Matrixport: The market generally believes that the Ethereum upgrade in March will not drive a big market

Odaily News Matrixport released today's chart, saying that since late January, the Ethereum spot ETF has received a total of $500 million in funds, but the price of ETH has not rebounded significantly. This shows that although the gains brought by the Trump election in November have been basically reversed, the selling pressure in the market is still strong.
However, interest from long-term value investors seems to be heating up, and even members of the World Financial Freedom organization have expressed concern about ETH.
Looking ahead, the Ethereum network upgrade in March may become a potential catalyst, but the market reaction is relatively cold, which is different from the enthusiastic atmosphere during the past upgrades. At present, the market generally believes that this upgrade is unlikely to drive a big market. In the absence of clear positive factors, ETH prices may continue to be under pressure, and Ethereum's market share has dropped to 10%.