$ETH is brewing a big market trend, ETFs continue to attract capital, and the whale accumulation signal is evident!
Recently, the performance of ETH cannot be ignored by everyone!
Led by BlackRock, the Ethereum spot ETF has absorbed $394 million in just one week, directly capturing 40.2% of the entire market share, with the net asset ratio of ETFs approaching 5%, becoming a new price discovery center.
What’s even more important behind this is — regulatory breakthroughs + technological upgrades + capital rotation, the threefold catalysts are pushing ETH towards a major upward trend.
🔥 Continuous favorable policies: The "CLARITY Act" clearly defines ETH as a "commodity", and the upper limit on the allocation ratio for pension funds and institutions has been lifted (not exceeding 3%), and this is just the beginning.
🔥 Significant technical changes: After the Cancun upgrade, on-chain costs have been drastically reduced by 85%, DeFi activity has significantly increased, with daily settlement amounts soaring to $12 billion, and the foundational support is becoming more stable.
🔥 Clear capital rotation: BTC ETFs have seen net outflows for three consecutive weeks, while ETH has become a "safe haven", with hedge fund long positions in ETH surging to 68%, and whales are continuously increasing their positions!
From the market structure, ETH/USD has formed a standard cup-and-handle pattern. If it strongly breaks through $3,800, the target will look towards $4,100+ without any pressure.
The ETF premium range is between 1.2% and 2.8%, providing room for arbitrage; for those bullish in the medium term, you can combine options strategies using the $3,500 support level to build defenses, making the speculation safer.
$ETH is brewing a structural trend stronger than BTC, and the main players have already entered the market in advance, just waiting for the market to confirm with volume. Don't wait until it surpasses $4,000 to chase high; smart capital has already quietly ambushed, and those who understand will naturally know. 🚀🚀🚀
