$ETH
4400-4600: Low-level chips, the main force has already ambushed in advance
$ETH is currently fluctuating in the 4400-4600 range, many people are still hesitating whether to buy, but smart funds have already begun to layout. On-chain data shows a clear trend of large wallets entering the market, with staking volume consistently maintained at a high level, and the circulating chips in the market are becoming increasingly scarce. From a technical perspective, this range belongs to a strong support area from the previous period, and the moving averages are still in a bullish arrangement, indicating that there is sufficient support below. Psychologically, the pullback creates fear among retail investors, but the market often nurtures opportunities in panic. The steady expansion of the Ethereum ecosystem, especially the increased activity of Layer 2 and DeFi, provides solid underlying momentum for the price. Entering the market now is equivalent to buying future high-value chips at the lowest cost.