Holding 25,000 dollars worth of ETH looks strong, but I am still closely monitoring the recent market fluctuations. I originally thought ETH would weaken. But to be honest, it has been holding steady at the 2,500 dollar level. Even as other coins start to decline, ETH remains stable and maintains strong momentum.
For some time now, I have been closely watching the range between 2,470 dollars and 2,500 dollars. Each time it drops to that range, it brings volume and quickly rebounds. In my opinion, this is not random buying. It feels more like early investors are making reasonable increases in their positions.
Some friends have also mentioned that a golden cross is about to form. I have observed ETH's reactions after these patterns in the past, which usually lead to a nice upward surge. However, I am not in a hurry. The 2,800 dollar level above is a huge barrier. If ETH can break through that level and hold it, I believe we may see it move towards 3,000 dollars.
Another thing I am paying attention to is staking. Currently, over 35 million ETH is locked up, and the circulating supply is decreasing. If there is strong demand, this could have a positive impact on the price.
This is just a conclusion drawn from the tracking data I have been following for a long time. What do you think? Is this a precursor to larger fluctuations, or are we currently just oscillating within a range?
Continuously monitoring: SUI SPK SOL RAY PEPE TRUMP FIL
