The 30 billion value of $BTC is quietly entering the market, is ETH about to take off? The 2400 dollar liquidation line has become a "breaking point" alert!

In the past 45 days for Ethereum, it seems to be moving sideways, but in reality, there are undercurrents surging.

The 200-day moving average is firmly in place, and ETH's range-bound fluctuations resemble a repressed spring; institutions are calm, while others are buying low; however, retail investors are continuously "flipping cars" during emotional collapses, which is a classic script of chip turnover.

According to on-chain data, a large amount of funds have flowed into the ETH ecosystem in the past 24 hours, with obvious inflows of bridging funds and stablecoins, and whale wallets have started to quietly increase their holdings. 38 entities have pushed ETH's strategic reserves above 3 billion dollars, not speculation, but heavy investment.

At the same time, ETH ETFs are still steadily attracting capital, with inflows almost daily, even veteran expert Ted Pillows said, "A breakthrough is just a matter of time."

The key point is that there are liquidation positions exceeding 5.1 billion dollars lurking around the 2400 dollar area, this is not baseless, it's a real "breaking point zone". The longer the market is suppressed, once ignited, it is highly likely to trigger a rapid upward surge.

Moreover, hedge funds have set a new high for short positions on CME, while institutional funds are "silently collecting chips" on-chain. This is not a "contradiction", but old hands are playing a slow game.

From a technical perspective, ETH/BTC is close to breaking through a multi-year descending triangle structure, once it breaks out with volume, the target is directly aimed at 8000 dollars+; while ETH/USD is also in the process of forming an ascending triangle, with a structural foundation for further explosive growth.