Today, Ethereum ($ETH ) is trading at around US$2,851, slightly up but recording a weekly surge of more than 12%. This increase is driven by the weakening of US inflation data and the influx of large institutional funds like BlackRock. The amount of ETH staked has reached a new record, reflecting long-term interest. Technically, ETH has broken through the resistance of US$2,800, opening up potential towards US$3,000–4,000. A whale even opened a long position of US$11 million. Although the bullish trend is strong, investors are still advised to remain cautious of potential corrections due to changes in global economic data or market sentiment volatility.