$ETH
Recent data shows that due to a significant influx of spot ETH ETFs and other reserve allocations, institutional demand for Ethereum has increased significantly, leading to a noticeable decrease in the circulating supply of ETH. Despite institutional confidence, retail participation has shown weakness, resulting in a divergence in market sentiment. For investors, sustained institutional interest indicates a positive potential trend, possibly signaling an accumulation phase. However, the low participation from retail investors may suggest that part of the market is taking a cautious stance or is in a wait-and-see mode. This dynamic may lead to price consolidation in the short term, as these opposing forces balance each other out. The short-term market trend appears to be at a critical moment. While institutional adoption has brought positive indicators, it is necessary to reclaim key price levels to maintain upward momentum and move towards higher targets. Traders are closely monitoring these levels, as a successful breakout could change market sentiment and pave the way for further developments, while failing to hold support levels could lead to a retest of lower price points.