In an email to BRN, a digital asset research company, analyst Valentin Fournier suggested that while market interest in Ethereum has significantly increased, investors should maintain a positive outlook on the cryptocurrency market overall but prefer focusing on Bitcoin over Ethereum. Fournier's analysis indicates that the current market hype and ETF inflows for Ethereum have been fully absorbed by the market, predicting that Ethereum's price fluctuations will likely remain within a range of $2,800 to $3,100, with a potential rebound to $4,000 in September. Additionally, Markus Thielen, founder of 10x Research, echoed this view in his Tuesday newsletter, pointing out that once the Ethereum spot ETF is launched, investors are expected to engage in profit-taking behavior, which could be seen as a precursor to the recent fever around Ethereum.