Recently, there has been an interesting trend in the capital flow of the cryptocurrency market. The latest data shows that Bitcoin-related ETFs have experienced significant capital outflows, with a single-day outflow amounting to $131 million. In stark contrast, Ethereum ETFs have continued to attract investor favor, achieving net capital inflows for 12 consecutive days, with the highest single-day inflow reaching $297 million, demonstrating strong market demand.

This phenomenon has sparked speculation in the market that Ethereum may become the core of a new round of market activity. Many analysts believe that this could indicate that the cryptocurrency market is undergoing a significant reallocation of funds, with investors shifting their attention from Bitcoin to Ethereum and other altcoins.

Ethereum's recent price performance also confirms this view, as it has broken through the key resistance level of 3700 USD, further stimulating optimistic sentiment in the market. If this trend continues, it may lead to a new round of rising cycles for the entire encryption currency ecosystem.

However, investors must remain vigilant and closely monitor market trends and changes in the regulatory environment. Although the current situation looks promising, the high volatility of the cryptocurrency market still exists. For investors interested in participating, in-depth research on the project's fundamentals, technological developments, and market sentiment is still crucial.

Overall, the strong momentum currently exhibited by Ethereum is remarkable, but investors should still cautiously assess the risks and opportunities when making decisions. The future market direction will depend on various factors, including technological advancements, regulatory environment, and global economic conditions.