Ethereum Breaks $4300 with Large Institutional Purchases
Ethereum Breaks $4300: Institutional Capital Drives Market
Market Performance
• ETH price reached $4300, with a monthly increase of 45%
• Market capitalization reached $519.7 billion, surpassing Mastercard and Netflix
• Institutions increased positions by $420 million in one day, with a net inflow of $10 million in 24 hours
Driving Forces for Increase
• U.S. ETF net inflows hit a record high in one day, totaling over $10.8 billion
• Network Upgrade: gas limit raised by 50%, transaction costs reduced to below $1
• On-chain Activity: daily active addresses reached 841,100, a one-year high
Trading Strategy
• Technical Analysis: MACD bullish momentum is strong, but RSI has entered the overbought zone (75-80)
• Watch the $4000 support level, which could serve as a potential entry point
• Risk Warning: Large traders have established $128 million in short positions, "7 Siblings" sold $17.2 million
ETH
Market Sentiment
• Long-short ratio shows bulls in the lead: Coin-based 50.82%, USDT-based 38.59%
• 84% of community users predict a year-end price exceeding $4308
• Some users are concerned about the surge in on-chain activity reaching $BTC $ETH #ETH突破4300 #特朗普加密新政