KDJ Golden Cross and Bullish Marubozu Triggered on 9's 15-Min Chart

The 15-minute chart of The9 has recently triggered a Golden Cross in the KDJ indicator, accompanied by a Bullish Marubozu at 07/28/2025 13:45. This indicates a shift in momentum towards the upside, suggesting that the stock price has the potential to continue increasing. The dominance of buyers in the market is evident, and it is likely that the bullish momentum will persist.

Institutional interest in Ethereum (ETH) has been growing, as evidenced by its strong performance and lower risk exposure compared to Layer 2 and restaking tokens. Despite the advanced technology behind projects like Arbitrum (ARB), Optimism (OP), zkSync (ZK), and Starknet, recent market cycles have shown limited institutional demand and lackluster price performance [1].

Layer 2 tokens, which offer scaling solutions on Ethereum, have not gained significant traction. Projects like Arbitrum and Optimism, which power networks such as Base and enable Ethereum Virtual Machine (EVM) compatibility, have shown weak momentum despite their widespread adoption and technical use cases [1]. The technology remains functional and widely adopted, but price action has failed to reflect usage or activity.

Similarly, restaking protocols under the Eigen Layer, including Lido (LDO) and EtherFi (ETHFI), have not attracted investor capital or market growth. The concept of restaking allows Ethereum validators to lend out consensus influence while earning additional yield, but the sector has struggled to gain traction. Token performance across these platforms has not indicated meaningful demand or long-term investor positioning [1].

Ethereum, on the other hand, has maintained a more favorable risk-to-reward ratio. It continues to attract institutional capital and performs better under current market conditions. The asset's lower volatility and stronger liquidity profile support its long-term role in investment portfolios [1].

While Layer 2s and restaking platforms show technical strength, they have not captured capital flows at scale. Ethereum itself remains the preferred choice, showing resilience and utility as both a network and an asset [1].

References:
[1] https://cryptonewsland.com/ethereum-sees-stronger-institutional-interest/