Family, today Brother Hao is here to discuss the fluctuations of Ethereum (ETH) price trends.

First, let's talk about institutional holdings. Recently, there has been significant activity from institutions in the market, with the number of whale addresses holding over 10,000 ETH increasing by 15% in the past week! Moreover, there was a net outflow of 12,500 ETH from exchanges, with these funds moving to cold wallets or staking contracts. It is clear that there is a stronger willingness to lock up assets for the long term. The holdings of enterprises and ETFs have now reached 10 million ETH, valued at 46.2 billion dollars! For example, BlackRock's ETHA had a net inflow of 224 million dollars in a single day, and this has continued for 18 days, demonstrating a strong inflow of capital!

Next, let's take a look at the staking ecosystem dynamics. Currently, the staked ETH exceeds 36 million, accounting for 30% of the total supply, which is quite substantial. However, the number of validators exiting the queue has risen to 671,900, approximately valued at 3.1 billion dollars. At the current processing speed, it will take 12 days to complete this. This could potentially add selling pressure to the market in the short term, so everyone should pay close attention. Additionally, Jump Trading sold 3.8 million LDO, which triggered fluctuations in the staking sector, and the risk of leveraged liquidation cannot be ignored.

Now let's talk about the short-term trends, specifically the situation within the week. From a technical perspective, if ETH cannot hold the 4,600 dollar level, it may very well look downward towards 4,500 dollars, or even 4,200 dollars; if a rebound is desired, it must break through 4,750 dollars with volume to reverse the current weakness.

Brother Hao's operational guide for today: Go long near 4,560 - 4,600 dollars, first targeting 4,655 dollars, then 4,688 dollars. However, the market is highly variable, so everyone must be cautious when trading and operate according to their own risk tolerance!