Ethereum is attracting attention in Monday's market. After several months of severe decline, signs of recovery are gradually appearing, with ETH rising nearly 10% in 24 hours and regaining the $2,200 level. Outperforming Bitcoin's price movements, there are also signs of a positive shift in the altcoin market.

The background is that the US spot physical ETF recorded its strongest weekly inflow since mid-January last week, indicating renewed interest from institutional investors. Additionally, major companies emphasizing ETH holdings have been buying approximately 122,000 ETH over the past two weeks, supporting market sentiment.

Analysts suggest that funds may be shifting from Bitcoin to Ethereum. The fact that ETH has broken above a key range against Bitcoin could be a sign of broader capital movement into the altcoin market. However, there is also a view that the market may react sensitively to macroeconomic changes, with support at lower levels appearing solid, but a breakthrough above resistance requiring more than just stable interest rates.