Recently, Ethereum (⟨t-224⟩) has become a new favorite among institutional big shots. ETF inflows set a record, pulling in 649,000 ETH in just one week, equivalent to about $241 million. Moreover, this influx of funds occurred during the period when ETH slipped from $4,740 to $4,500 — the price drop did not deter the inflow of funds!⟨t-232⟩
Everyone is asking: is this a genuine bullish sentiment from institutions, or are large holders secretly cashing out? Let's break it down.⟨t-16⟩
🏦 Institutions buying, buying, buying; the most intense week in ETF history.
Data shows that Ethereum ETF saw a net inflow of $241 million last week, equivalent to about 649,000 ETH, marking the strongest week since its launch. Despite a slight pullback in ETH price, institutions are still aggressively entering the market, making this operation a 'buying the dip' strategy.
Glassnode's data also shows that when the price pulls back, demand is immediately ignited. Ethereum continues to lead other public chains in Layer 1 activity and locked value, which is a core logic that institutions focus on.
Will the ETF inflows continue? Today's data will provide answers. If funds keep flowing in, it indicates confidence remains; if stagnation or reversal occurs, it may enter a short-term consolidation period. But in any case, ETH's attention remains high.
🛡️ Support at $4,400, buying activity is strong.
In this pullback, ETH found support near $4,400, with investors clearly active at this level. Glassnode's cost basis heatmap shows that there are many buy orders at this price level, and a lot of ETH was subsequently sold at higher prices, forming a classic buy low, sell high cycle.
For short-term traders, this is a typical swing trading opportunity: price pulls back, buyers enter; price rebounds, then sell for profit.
💡 Currently, the $4,400 level has become the new key support level. If the price tests the bottom again in the future, whether it can hold here will be the market's focus. Overall, the upward trend remains robust.
🐋 Large holders are frequently active, targeting $15,000?
As of the time of writing, the ETH price is around $4,245, with a brief pullback causing the RSI to drop to 57, which is not fully overbought, while the MACD shows a slight weakening of bullish momentum, but enthusiasm for buying the dip remains high.
It's worth noting that large holders are taking significant actions. For example, Bitmine purchased an additional $15 million in ETH in just one hour, bringing their total holdings to $73.2 million. It is estimated that their target is a $250 million position, which accounts for about 5% of Ethereum's total supply.
Institutional views are also sharp: Fundstrat's Tom Lee is optimistic about ETH's future trajectory, believing it could reach $7,000 by the end of the year, and if market momentum continues to strengthen, the upside potential could even reach $12,000–$15,000. 📈
🔥 Short-term opportunities VS long-term potential.
From a technical perspective, ETH's recent pullback is a healthy consolidation, with clear support levels and ample institutional buying. Short-term traders can look for low buying opportunities near the support; from a long-term view, on-chain activity, locked value, and large holder layouts indicate that Ethereum still possesses strong upward potential.
So, whether you are a swing trader or a long-term holder, you can find your position in this market trend.
⚡ Summary
ETF inflows set a historical high: last week saw a net capital inflow of $241 million, with institutional buy orders being decisive.
Price support is clear: $4,400 has become key support, with active buying.
Large holders are frequently active: institutions like Bitmine continue to increase their positions, with astonishing targets.
Potential upside space is huge: Tom Lee estimates $7K by the end of the year, and long-term even $12K–$15K is possible.
Short-term opportunities coexist with long-term potential: the pullback is a healthy consolidation, with clear entry points.
The conclusion is simple — Ethereum remains one of the most noteworthy targets in the crypto space.
💡 Investment Tip: Focus on buying the dip, do not blindly chase higher prices; pay attention to the support area and whether it can be maintained, buying the dip is a safe strategy.
Many people understand the trend, but few follow the right rhythm.
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