Institutional Investors Massively Buy Ethereum

Market Insights: Institutional Funds Accelerate Allocation to ETH

Price and Fund Movement

• ETH price reported at $4750.31, daily increase of 4.99%, approaching the $4800 resistance level

• Institutions increased holdings by 100,000 ETH (approximately $364 million) in a single day, indicating large capital entry

• US ETFs attracted $2.33 billion in funds over six days, with a staking rate of 32.5%

Growth Drivers

• Institutional Confidence: Standard Chartered Bank raises ETH target price to $7500

• Technical Upgrades: Shanghai upgrade and Proto-Danksharding improve performance, lowering transaction fees to below $0.1

• Regulatory Improvements: The US adopts an open attitude towards spot ETFs, and the EU's MICA promotes compliant development

Trading Strategy Reference

• Key Price Levels: Support at $4600, target of $5000 after breaking $4800

• Risk Warning: RSI is in the overbought zone (78.5), watch for a pullback; pay attention to the Radiant hacker's coin selling progress

• Suggested Strategy: Accumulate on dips, control position within 20%, target price reference of $7500

Community Reaction

• Investors discuss that institutional holdings exceed 85% and Layer 2 trading volume breaks 40%, a dual positive

• Some users quote more aggressive predictions, believing ETH is likely to enter a new bull market $BTC $ETH #山寨币谷歌热度创五年新高 #CPI数据来袭