#以太坊创历史新高倒计时 Ethereum (ETH) recently surged to $4600, only about 5% away from the historical high of $4871 in 2021, with a new historical high imminent. The upward momentum comes from multiple sources: over $1 billion in daily inflows into the US spot Ethereum ETF, significant institutional accumulation, and holdings by giants like BlackRock boosting market confidence; impressive on-chain data, with 36 million ETH staked (30% of total supply), exchange reserves dropping to new lows, and liquidity tightening pushing prices higher; from a technical perspective, after breaking through $4600, the W-bottom pattern is confirmed, MACD golden cross, short-term target pointing to $5000, and mid-term possibly aiming for $10000-$15000. The Hong Kong Ethereum ETF rose over 7% in a single day, reflecting a global trend. However, an RSI overbought signal has emerged, indicating short-term pullback risks, with support levels at $3900-$4000. Macroeconomic policies (such as expectations of Federal Reserve interest rate cuts) and regulatory changes will impact the trend, and investors need to pay attention to fund flows and on-chain data, operating cautiously.