I can understand why many people are starting to come back to learn more about ETH. My guess is that in the upcoming period, ETH will also have many strong fluctuations with ETF news. At this stage, everything still depends on the trend of bitcoin. If bitcoin goes into a specific uptrend, I think altcoins, including ETH, will also receive a suitable price increase.
And for me, investing in ETH also has potential profits/risks because investing requires careful preparation for many other things, not just the time to start buying. Looking at the long term, I think ETH will always be one of the options that many people prefer because its popularity, second only to bitcoin.
also many people prefer ETH because aside the fact that it is second only to bitcoin, I think it also being highly utilized for deploying token for many projects, they choose ethereum for reason because the ecosystem is mature and liquidity is many.
therefore I believe that ethereum will have bright future even without ETF, but ETF news will only make it better honestly, i will accumulate more and more ethereum because i'm quite faithful with its use case, and I'm sure in the future we will found many more use cases for ethereum since the blockchain which is revolves around smart contract truly revolutionary.
I guess i could understand when people are willing to bag until hundred if not thousands of ethereum.
In another way of thinking, I think that the process of chart legalization, when the market needs different adjustments, similarly altcoins will also receive support from many different sides.
ETH brings confidence in medium and long-term investments, so people often compare it to bitcoin, but I think we should just stop at the king of altcoins. With today's crypto developments, the changes ETH has made in recent years have been positive, at least always making investors feel secure that the price will soon recover and surpass ATH.
I think there will be more information about ETFs in the near future, this is also a way for many whales who like to manipulate this market to take advantage.