A big event has happened, ETH is on the verge of a breakout, and the market may be facing a key fluctuation!

Technical Analysis: Short-term Layout, Trend Breakdown

From today’s 4-hour K-line chart, ETH is currently at 2,565 USDT, with the 7MA (around 2802) still under pressure, while the 30MA (2613) is forming support, and the price is oscillating between the two moving averages.

Recent lows had shrunk to around 2,500, while highs reached 2,788, and it is currently in a structural oscillation consolidation phase.

If the price can recover and stabilize above the 7MA, it is expected to break through the key resistance zone of 2,650–2,700, and then challenge the pressure level of 2,800–2,825.

Conversely, if it peaks and falls back, breaking below the mid-line (30MA), there is a risk of further retracement to the 2,500–2,519 maintenance line – with a lower possibility of reaching the range of 2,430 or 2,275.

The random RSI is fluctuating around the mid-line, not yet entering the overbought zone, but the momentum is relatively weak; short-term confirmation of support or downward movement still awaits volume breakout.

News: Institutional Funds Strongly Entering the Market

The Ether ETF has seen a net inflow for 19 consecutive days, adding approximately $240 million in a single day, with a cumulative total nearing $286 million this month, indicating a clear bullish attitude from institutions.

SharpLink has thrown out 176,000+ ETH, becoming the largest public holding, showing a trend of large funds entering the market.

The expected launch of "The Surge" (Pectra Upgrade) will significantly reduce L2 transaction fees and accelerate the activity of DeFi and NFTs.

These are all short-term bullish "fundamental" supports: funds are in, hotspots are active, and the upgrade is coming.

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