Ethereum is heading towards a critical moment. Following the successful Pectra upgrade and continuous favorable on-chain data, ETH's price has once again stood above 2520 USD, and market sentiment has begun to warm significantly.
This is not just a short-term rebound, but more like a prelude to a 'God-making war'.
Key turning point for bulls and bears: 2600
From the chart, 2520 is a key defensive position for bulls, having experienced multiple retests without breaking, reflecting stable main force chips and capital secretly accumulating. Currently, market attention is focused on the 2600 USD round number; once effectively broken, it will complete the technical structure of 'bottom breakout + momentum release'.
If 2520 is the bottom, then 2600 is the springboard—crossing it means a real trend market.
Triple Resonance: Technical + Capital + Narrative
1. Technical Analysis: ETH's pattern is healthy, maintaining an upward channel, with MACD and RSI turning positive simultaneously.
2. Fund Flow: In the past week, institutional net inflows exceeded 200 million USD, with whales frequently withdrawing coins from exchanges.
3. Narrative: The staking limit for Ethereum has been raised, some stateless nodes are being advanced, and the Rollup ecosystem continues to expand, building mid- to long-term value support.
This is not a mere price surge, but a dual construction of chain and capital.
What will happen if it stabilizes above 2600?
2800 is a previous high structure point; if accompanied by increased capital, it may be quickly consumed;
3000 will become a double pressure point both psychologically and technically, but it is also the next target;
Once broken, ETH will officially enter a 'strong trend + strong narrative' resonance cycle.
Final Reminder
This market trend is not simply a short-term speculative game, but more like a launching pad at the cyclical level.
ETH standing above 2520 may just be the beginning.
If you missed BTC at the beginning of the year, and if you cannot understand the madness of MEME, perhaps this time ETH will be your 'logical anchor point' to get back on the train.
