🚨 Ethereum Alert! Is $4180 the Line of Life and Death? Institutions Struggling to Support the Market!
Matrixport's latest insights have doused cold water on ETH bulls! Key points to watch:
1️⃣ Is the institution 'dancing alone'? Currently, the inflow of funds into the Ethereum ETF relies entirely on large 'treasury-like' institutions! Want to continue rising? It depends on whether these big players are willing to keep pouring money in. The problem is, the on-chain real activity remains sluggish; relying solely on a few big players buying, how far can it go? 🤔
2️⃣ Stablecoins are 'too far to save the day'! Although ETH is the main battlefield for stablecoin issuance, with a bright future, this good news is a mid-to-long-term 'pie'! Want to rely on it for a short-term pump? Wake up, the income contribution is negligible! 💸
3️⃣ Technical alarm is ringing! ⚠️ $4180 is an absolutely critical support level! Matrixport clearly warns: if this level cannot be held, be prepared for a deeper pullback! The bears may counterattack at any time!
📌 In summary: In the short term, ETH's lifeline depends on institutional funds + holding $4180! The on-chain coldness + slow realization of stablecoin benefits makes the rebound particularly fragile!
🤔 What do you think?
Will big institutions continue to increase their positions in ETH ETF?
Can $4180 hold? Or do we need to look for support at lower levels?
When will on-chain activity pick up? This is the foundation of a real bull market!
