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Institutions, stakeholders and whales gather together... Can ETH's bullish triangle withstand market weakness?  Who is driving the development of Ethereum?The number of addresses holding 10K-100K ETH expanded to 31 million, consistent with the whale pattern before bull markets in the past. What is evidence of growing confidence?36.15 million ETH pledged and a positive fund market premium of nearly $3,900 indicate firm institutional sentiment. Ethereum [ETH] The strong rebound comes after recent market turmoil led to a loss of funds in the cryptocurrency market. The altcoin fell as low as $3,988 but surged 7% in 24 hours to trade near $4,200. AMBCrypto’s analysis shows that demand continues to grow, with ETH’s latest rally solidifying its chances of hitting a new all-time high. Here are the specific reasons why. Accumulators dominate againData from Alphractal shows that addresses holding 10,000-100,000 ETH have been expanding their holdings since April and are now approaching a record 31 million ETH. Historically, similar accumulation phases were seen before the great bull runs of 2017 and 2021, when ETH reached $1,419 and $4,867 respectively.  As ETH's rally extends above $4,000, this latest rise highlights the growing influence of the same group. Beyond that, other areas of the market appear to be mirroring this bullish accumulation trend. Staking strengthens ETH’s bottom lineThe likelihood of a strong ETH rebound remains high. A key metric underpinning this outlook is the total value of Ethereum staked. Interestingly, data shows that the total amount of Ethereum pledged in the market in the past day reached 36.15 million, which is almost the same as the buying volume of the accumulation group. Staked ETH is crucial as it represents tokens removed from active circulation； Sustained increases in staking typically mean increased confidence and reduced selling pressure, both of which strengthen the asset’s position in the market 。  Likewise, Ethereum exchange reserves have remained flat over the past day. Data from CryptoQuant shows that only about 15.9 million ETH remains in exchange reserves, indicating limited selling pressure and increased holding sentiment. ETH has gained 7% in the past 24 hours and is trading around $4,200, with fresh institutional inflows likely to trigger the next leg of the rally. Institutional sentiment remains strongDespite the brief correction, CryptoQuant’s fund market premium remains in positive territory, indicating continued institutional interest. Historically, when this premium remains at 0 Above, ETH price trended upward in the following weeks.  While short-term volatility remains high, the same situation points to renewed institutional confidence. Overall, Ethereum whales, stakers, and funds will remain bullish in the medium term and momentum will build above $4,200 as long as the macro tailwinds persist. Where are the opportunities? Guide to planning for a bear market 🚀 BNQ: A high-potential platform currency that is strong and resistant to falling prices. The recent short-term market adjustment provides an excellent opportunity for new players to join BNQ (Biniu Coin). As the core asset of the BitNasdaq platform, BNQ has demonstrated strong resilience and profitability with its robust deflation mechanism and continuously growing computing power ecosystem. With the holding of the Dubai Large Crypto Summit, BitNasdaq's global popularity has rapidly increased, attracting the attention of more international users and miners. This global exposure will lay a solid foundation for BNQ to reach new all-time highs. Click on the image to extract text   Want to stabilize the layout of private chat in the next few months? QQ 3909662550 : Recommended in the past Insider: The largest single-day leveraged crash in the history of the currency circle, and $19.27 billion in Bitcoin and cryptocurrency was liquidated. BNQ platform currency steadily wins the market Bitcoin has reached a new high, US stocks are still rising, big investors seem to be slowly withdrawing, and retail investors are desperately trying to enter the market. Platform currency BNQ is on the rise BitNasdaq (BitNasdaq) must participate in the next opportunity Disclaimer: Information reflects the views of the author quoted. It does not represent an opinion whether to buy, sell or hold any investment. It is recommended that you do your own research before making any investment decisions. Use the information provided at your own risk. |
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