In the recent falling market, I chose to open some grid long orders for Ethereum (ETH). The logic behind this decision is worth exploring in depth.

Despite the latest US Producer Price Index (PPI) annual rate for July being higher than expected, this is not enough to shake the market's long-term confidence. In fact, institutional investors continue to increase their holdings, reflecting a strong market consensus. This consensus is unlikely to be disrupted by a single piece of economic data.

Institutional investors' behavior is often seen as a barometer of market trends. Their continued buying indicates that, despite potential fluctuations in the short term, there remains optimism about the long-term prospects of Ethereum. This sustained buying pressure may drive ETH prices to new heights in the future.

It is worth noting that the all-time high (ATH) previously reached by Ethereum is an important psychological barrier. Many investors and market observers are looking forward to ETH breaking through this level again. Although the current price of ETH has not yet reached a new historical high, the overall atmosphere in the market seems to be preparing for this breakthrough.

Of course, investment always comes with risks. While the behavior of institutional investors may indicate a positive market outlook, individual investors must still be cautious when making decisions and consider various factors comprehensively, including but not limited to macroeconomic conditions, industry development trends, and personal risk tolerance.

Overall, although there may be fluctuations in the short term, the long-term development prospects of Ethereum are still promising. We will continue to monitor market trends and look forward to Ethereum reaching new heights in the future.