【Shocking Signal! Is ETH on the verge of explosion? Whales buy up 22%, approaching upgrade ignites bull frenzy】

Ethereum on the eve of a storm: Whales ambush early, options surge, prices poised for a breakout!

Recently, the Ethereum (ETH) market has been quietly brewing significant changes. Long-term holders have increased their holdings by as much as 22% during price pressure, indicating that a crucial turning point may be near!

🐳 Whales are going on a buying spree! Long-term ETH holdings soar to 19 million coins

On-chain data shows that despite prices being below cost, long-term holders continue to accumulate, with their average cost reduced from $2026 to $1980. These addresses are not selling or wavering and are seen as the “fixed star” of the market.

This reflects that large holders' long-term confidence in Ethereum's value is surpassing short-term volatility.

📊 Technical threshold! Price compression breakout imminent

ETH prices are oscillating in the range of $1780 to $1830. The Bollinger Bands are narrowing, RSI is neutral (54.6), and trading volume has been steadily increasing since mid-April, indicating that a directional choice is approaching.

Analysts point out that ETH is at the end of an ascending triangle, with prices being “compressed” to the limit, targeting $1950.

🔥 Options surge by 75%! Traders bet on a big market

The derivatives market is buzzing. Total ETH trading volume has surpassed $46.3 billion, with options trading volume soaring 75% to $358 million, showing that substantial funds are preparing for significant volatility.

Although short positions still dominate, short-term liquidation data shows that the risk of an upward move is increasing, and the long-short battle is nearing a decisive moment.

⚙️ Pectra upgrade is approaching, fundamentals heat up

On May 7, Ethereum is set to undergo a major upgrade called “Pectra,” with key changes including:

Validator staking cap raised to 2048 ETH

Significant increase in data per block, performance enhancement

These improvements not only enhance network efficiency but also strengthen ETH's position in the tokenization of real assets and institutional applications. The market is optimistic about its valuation reassessment.

✅ Summary: ETH's “Triple Explosion Point” has emerged

Long-term holdings surge, chip stability skyrockets

Technical convergence nearing breakout

Upgrade imminent, options frenzy, market agitated

Will the next wave of the main rise see ETH lead the market frenzy again? Now, the storm is approaching!